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    Exploring Economics Study Set 1
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    Exam 7: Market Efficiency and Welfare
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    Ceteris Paribus, a Decrease in the Price of a Good
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Ceteris Paribus, a Decrease in the Price of a Good

Question 4

Question 4

Multiple Choice

Ceteris paribus, a decrease in the price of a good will cause the:


A) ​quantity demanded of the good to decrease.
B) ​quantity supplied of the good to increase.
C) ​consumer surplus derived from the good to increase.
D) ​supply of the good to decrease.

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