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    Exam 3: Where Prices Come From: the Interaction of Demand and Supply
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    Figure 3-7 -Refer to Figure 3-7.Assume That the Graphs in This Figure
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Figure 3-7 -Refer to Figure 3-7.Assume That the Graphs in This Figure

Question 60

Question 60

Multiple Choice

Figure 3-7
Figure 3-7    -Refer to Figure 3-7.Assume that the graphs in this figure represent the demand and supply curves for rice.What happens in this market if buyers expect the price of rice to fall? A) Panel (a)  B) Panel (b)  C) Panel (c)  D) Panel (d)
-Refer to Figure 3-7.Assume that the graphs in this figure represent the demand and supply curves for rice.What happens in this market if buyers expect the price of rice to fall?


A) Panel (a)
B) Panel (b)
C) Panel (c)
D) Panel (d)

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