A decrease in the demand for chocolate with no change in the supply of chocolate will create

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A decrease in the demand for chocolate with no change in the supply of chocolate will create a ________ of chocolate at today’s price, but gradually the price will ________.

A. surplus; fall B. shortage; fall C. surplus; rise D. shortage; rise

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Essential Foundations Of Economics

ISBN: 9781786633255

8th Edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Nov 04, 2024 10:01 AM

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A decrease in the demand for chocolate with no change in the supply of chocolate will create

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Essential Foundations Of Economics

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