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    Microeconomics Study Set 2
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    Exam 3: Where Prices Come From: the Interaction of Demand and Supply
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    If the Demand for a Product Increases and the Supply
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If the Demand for a Product Increases and the Supply

Question 242

Question 242

True/False

If the demand for a product increases and the supply of the product does not change, equilibrium price and equilibrium quantity will both increase.

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