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    Macroeconomics
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    Exam 4: Coordinating Smart Choices: Demand and Supply
  5. Question
    If Bus Fares Fall but Fewer People Are Riding the Bus
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If Bus Fares Fall but Fewer People Are Riding the Bus

Question 2

Question 2

Multiple Choice

If bus fares fall but fewer people are riding the bus, it is likely that


A) the bus company is incompetent.
B) demand decreased.
C) supply decreased.
D) demand increased.
E) supply increased.

Correct Answer:

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