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Which of the Following Is False

Question 22

Multiple Choice

Which of the following is false?


A) If demand increases and supply decreases, equilibrium price will go up.
B) If demand remains constant and supply increases, equilibrium price will go down.
C) If demand decreases and supply increases, equilibrium price will rise.
D) If supply is unchanged and demand decreases, equilibrium price will fall.

Correct Answer:

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