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The Table Given Below Shows the Quantity Supplied and the Quantity

Question 16

Multiple Choice

The table given below shows the quantity supplied and the quantity demanded for a good at different prices.If the price of the good described in the table below is $1.60,then an economist would expect the: Table 4.1

The table given below shows the quantity supplied and the quantity demanded for a good at different prices.If the price of the good described in the table below is $1.60,then an economist would expect the: Table 4.1 ​   A) price to decrease to $1.40. B) price to decrease to $1.50. C) quantity supplied to decrease to 50 units. D) quantity demanded to increase to 80 units. E) quantity demanded to decrease to 50 units.


A) price to decrease to $1.40.
B) price to decrease to $1.50.
C) quantity supplied to decrease to 50 units.
D) quantity demanded to increase to 80 units.
E) quantity demanded to decrease to 50 units.

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