If you observed the price of a good increasing and the quantity exchanged decreasing, it would be

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If you observed the price of a good increasing and the quantity exchanged decreasing, it would be most likely caused by a(n)

a. increase in demand.

b. decrease in demand.

c. increase in supply.

d. decrease in supply.

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Exploring Macroeconomics

ISBN: 9781285859446

7th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 31, 2024 07:00 AM

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If you observed the price of a good increasing and the quantity exchanged decreasing, it would be

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Exploring Macroeconomics

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