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    Exam 5: Market in Motion and Price Controls
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    An Increase in Both Equilibrium Price and Quantity Is a Consequence
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An Increase in Both Equilibrium Price and Quantity Is a Consequence

Question 221

Question 221

Multiple Choice

An increase in both equilibrium price and quantity is a consequence of a(n) :


A) ​increase in supply.
B) ​increase in demand.
C) ​decrease in demand
D) ​decrease in supply

Correct Answer:

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