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4. If demand increases and supply decreases BUT demand moves more than supply. What is the equilibrium price and quantity? a. Price Increase, Quantity Increase
4. If demand increases and supply decreases BUT demand moves more than supply. What is the equilibrium price and quantity? a. Price Increase, Quantity Increase b. Price Increase, Quantity Decrease c. Price Decrease, Quantity Increase d. Price Decrease, Quantity Decrease
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International Economics
Authors: Dennis Appleyard, Alfred Field
8th Edition
978-0078021671, 0078021677
