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    Exam 3: Supply and Demand: Theory
  5. Question
    If Demand Increases by a Lesser Amount Than Supply Decreases,then
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If Demand Increases by a Lesser Amount Than Supply Decreases,then

Question 155

Question 155

Multiple Choice

If demand increases by a lesser amount than supply decreases,then equilibrium price __________ and equilibrium quantity __________.


A) rises; falls
B) falls; falls
C) rises; rises
D) falls; rises

Correct Answer:

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