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122. If the supply of product X is perfectly elastic, an increase in the demand for it will increase: A) equilibrium quantity but reduce equilibrium

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122. If the supply of product X is perfectly elastic, an increase in the demand for it will increase: A) equilibrium quantity but reduce equilibrium price. B) equilibrium quantity but equilibrium price will be unchanged. C) equilibrium price but reduce equilibrium quantity. D) equilibrium price but equilibrium quantity will be unchanged

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