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In the following question you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply
In the following question you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product X upon to the demand ( for, or supply (9 of X (2) the equilibrium price for X and (3) the equilibrium quantity of A decrease in the price of a product that is a close substitute for X Wil Multiple Choice decres, decrease and decrease decrease increase and increase The Scandina in decreased
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