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Suppose that supply increases and demand decreases. What effect will this have on price and quantity? A. Price will increase, and quantity may rise or

Suppose that supply increases and demand decreases. What effect will this have on price and quantity? A. Price will increase, and quantity may rise or fall. B. Price will decrease, and quantity will increase. C. Price will decrease, and quantity will decrease. D. Price will decrease, and quantity change is ambiguous. O A. A O B. B OC.C

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Price theory and applications

Price theory and applications

Authors: Steven E landsburg

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