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    Principles of Microeconomics Study Set 4
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    Exam 3: Demand and Supply
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    The Relationship Between the Price of a Good and the Quantity
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The Relationship Between the Price of a Good and the Quantity

Question 10

Question 10

Multiple Choice

The relationship between the price of a good and the quantity people are willing and able to purchase is:


A) supply.
B) demand.
C) equilibrium.
D) disequilibrium.

Correct Answer:

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