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Which of the following is likely to result in a smaller equilibrium quantity exchanged? a) An increase in both demand and supply. b) A decrease
Which of the following is likely to result in a smaller equilibrium quantity exchanged? a) An increase in both demand and supply. b) A decrease in both demand and supply. c) An increase in demand and a decrease in supply. d) A decrease in demand and an increase in supply. e) None of the above
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