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Paulo Is the Manager of a Souvenir Shop in Panama

Question 108

Multiple Choice

Paulo is the manager of a souvenir shop in Panama City,Florida.He has decided to graph the demand per week for fresh orange juice because its price varies as the supply of fresh oranges varies.The graph indicates a demand schedule that slopes downward and to the right.This graph indicates that the quantity of juice demanded increases as:


A) cost increases
B) supply decreases
C) price increases
D) price decreases
E) supply increases

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