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If the Price of a Product Does Not Change Immediately,which

Question 87

Multiple Choice

If the price of a product does not change immediately,which of the following will cause an initial shortage of a product?


A) An increase in the demand or an increase in the supply.
B) A decrease in the demand or a decrease in the supply.
C) An increase in the demand or a decrease in the supply.
D) A decrease in the demand or an increase in the supply.
E) A change in the quantity supplied.

Correct Answer:

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