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The graph illustrates the supply and demand for blue jeans. If the actual price of blue jeans is $ 3 0 , we would expect

The graph illustrates the supply and demand for blue jeans. If the actual price of blue jeans is $30, we would expect the price of blue jeans to ________, the quantity demanded of blue jeans to ________, and the quantity supplied of blue jeans ________.
increase; increase; increase
increase; decrease; increase
decrease; increase; decrease
decrease; decrease; increase

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Steps 1 of 3 step 1 Identify the Market Condition Answer Surplus Explanation If the market is in a s... blur-text-image
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