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Holding All Else Equal, If Supply Increases, The

Question 12

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Holding all else equal, if supply increases, the:


A) equilibrium price will decrease while the quantity produced and sold could increase, decrease or remain constant.
B) quantity produced and sold will increase while the equilibrium price could increase, decrease, or remain constant.
C) equilibrium price will increase while the quantity produced and sold could increase, decrease or remain constant.
D) none of these.

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