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When the Electronics Retailer Circuit City Closed Its Stores Following

Question 125

Multiple Choice

When the electronics retailer Circuit City closed its stores following the 2008 recession, the market supply of electronic goods:


A) decreased, causing the market price to fall.
B) decreased, causing the market price to rise.
C) increased, causing the market price to fall.
D) increased, causing the market price to rise.

Correct Answer:

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