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Suppose that in a small town in July, the price of a loaf of bread was $2.50 and 1700 loaves were transacted. In the same
Suppose that in a small town in July, the price of a loaf of bread was $2.50 and 1700 loaves were transacted. In the same small town in August, the price of a loaf of bread was $2.29 and 1500 loaves were transacted. Which of the following alone can explain the change in the bread market from July to August? Select one: O A. The supply of bread decreased. O B. The supply of bread increased, O C. The demand for bread increased. O D. The demand for bread decreased
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