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Incomes fall. At the same time, the price of gold falls. As a result, what will happen to equilibrium quantity in the market for gold
Incomes fall. At the same time, the price of gold falls. As a result, what will happen to equilibrium quantity in the market for gold necklaces?
A: Quantity will increase
B: Quantity will decrease
C: Quantity will not change
D: The effect on quantity cannot be determined
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