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Ceteris Paribus, an Increase in the Price of a Good

Question 15

Multiple Choice

Ceteris paribus, an increase in the price of a good will cause the:​


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

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