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    Macroeconomics Study Set 17
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    Exam 3: Where Prices Come From: The Interaction of Demand and Supply
  5. Question
    If the Demand for a Product Decreases and the Supply
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If the Demand for a Product Decreases and the Supply

Question 20

Question 20

True/False

If the demand for a product decreases and the supply of the product does not change,equilibrium price and equilibrium quantity will both increase.

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