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econ test problems maining Time: 1 hour, 15 minutes, 43 seconds. Question Completion Status: > Moving to another question will save this response. Question 10

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econ test problems

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maining Time: 1 hour, 15 minutes, 43 seconds. Question Completion Status: > Moving to another question will save this response. Question 10 This year the supply of cashmere has increased while the demand for cashmere has decreased. Which of the following changes will definitely occur in the market for cashmere? O A. The market equilibrium quantity will decrease. O B. The market equilibrium price will decrease. O C. The market equilibrium price will increase. D. The market equilibrium quantity will increase. A Moving to another question will save this response.

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