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    Principles of Microeconomics Study Set 3
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    Exam 3: The Market at Work: Supply and Demand
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    When the Demand Curve Shifts to the Left and All
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When the Demand Curve Shifts to the Left and All

Question 3

Question 3

Multiple Choice

When the demand curve shifts to the left and all else is held constant,the equilibrium price ________ and the equilibrium quantity ________.


A) falls; rises
B) rises; falls
C) falls; falls
D) rises; rises
E) falls; remains constant

Correct Answer:

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