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    Principles of Microeconomics Study Set 4
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    Exam 2: Demand and Supply: An Introduction
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    -Refer to the Graph Above to Answer This Question
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Question 89

Question 89

Multiple Choice

  -Refer to the graph above to answer this question.What is the effect if the price is $600. A) The quantity demanded is 120. B) Price will fall. C) The quantity supplied is 120. D) The quantity traded is 40.
-Refer to the graph above to answer this question.What is the effect if the price is $600.


A) The quantity demanded is 120.
B) Price will fall.
C) The quantity supplied is 120.
D) The quantity traded is 40.

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