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We haven't gone over any of this material during the lectures. I feel some what confident on the ones i've answered but im still searching

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We haven't gone over any of this material during the lectures. I feel some what confident on the ones i've answered but im still searching the textbooks for help.

image text in transcribed
Question 9 3 Points Assume that good Z is an inferior good. If consumers's incomes increase, then A the quantity supplied of good Z will increase. B the quantity supplied of good Z will decrease. C the quantity demanded of good Z will increase. D the quantity demanded of good Z will decrease. Question 10 3 Points If the prevailing market price is the market equilibrium price, then A QD = Qs (quantity demanded = quantity supplied). B no shortage will occur in the marketplace. C no surplus will occur in the marketplace. D price is not expected to rise nor fall. E All of above

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