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

Question:

If you observed the price of a good decreasing 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 Microeconomics

ISBN: 9781544339443

8th Edition

Authors: Robert L. Sexton

Question Posted: May 19, 2024 03:01 AM

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

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Exploring Microeconomics

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