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    Exam 3: Supply and Demand: Theory
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    If the Demand for a Good Increases by More Than
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If the Demand for a Good Increases by More Than

Question 217

Question 217

Multiple Choice

If the demand for a good increases by more than the supply of the good increases,then the good's equilibrium price will __________ and its equilibrium quantity will __________.


A) rise; fall
B) rise; rise
C) fall; fall
D) fall; rise

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