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-If the Price of a Product Increases

Question 327

Multiple Choice

  -If the price of a product increases A)  there is an increase in quantity supplied and a decrease in demand. B)  there is an increase in supply and a decrease in quantity demanded. C)  there is an increase in supply and a decrease in demand. D)  there is an increase in quantity supplied and a decrease in quantity demanded.
-If the price of a product increases


A) there is an increase in quantity supplied and a decrease in demand.
B) there is an increase in supply and a decrease in quantity demanded.
C) there is an increase in supply and a decrease in demand.
D) there is an increase in quantity supplied and a decrease in quantity demanded.

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