Multiple Choice
Which of the following would cause price to decrease?
A) a decrease in supply
B) an increase in demand
C) a surplus of the good
D) a shortage of the good
Correct Answer:

Verified
Correct Answer:
Verified
Q7: What would happen to the equilibrium price
Q54: Figure 4-26 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 4-26
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Q62: What would happen to the equilibrium price
Q63: Figure 4-18 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 4-18
Q64: Figure 4-27<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 4-27