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Which graph depicts the changes in the market for good X if buyers expect the price of good X to increase in the future and
Which graph depicts the changes in the market for good X if buyers expect the price of good X to increase in the future and the price of a substitute in production to good X increases? P P 52 S .DI D2 Good x Q Good x Q Graph A Graph B P P 51 52 52 D2 X Q Q Good x Good x Graph C Graph D0 Graph B 0 Graph A 0 Graph C 0 Graph D What happens to equilibrium price and quantityr in the market for good X? 0 Price decreases; quantity decreases 0 Price stays the same; quantity increases 0 Price decreases; quantity change is indeterminate 0 Price increases; quantity.r change is indeterminate 0 Price change is indeterminate; quantity increases 0 Price decreases; quantity increases 0 Price decreases: quantity increases 0 Price increases; quantity stays the same 0 Price increases; quantity increases O Price decreases; quantity stays the same b Incorrect
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