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Question 8

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Use the following to answer questions :
Figure 3-5 Use the following to answer questions : Figure 3-5 -According to the standard supply and demand apparatus, line A in Figure 3-5 should represent: A) a supply schedule. B) a demand schedule. C) points where supply and demand are equal. D) a demand schedule when income is rising. E) none of the above.
-According to the standard supply and demand apparatus, line A in Figure 3-5 should represent:


A) a supply schedule.
B) a demand schedule.
C) points where supply and demand are equal.
D) a demand schedule when income is rising.
E) none of the above.

Correct Answer:

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