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    Exam 4: Extensions of Demand and Supply Analysis
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    If Demand Increases While Supply Simultaneously Decreases, Then the Equilibrium
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If Demand Increases While Supply Simultaneously Decreases, Then the Equilibrium

Question 143

Question 143

Multiple Choice

If demand increases while supply simultaneously decreases, then the equilibrium quantity


A) always increases.
B) always decreases.
C) can never change.
D) none of the above

Correct Answer:

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