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Author Question: FIGURE 3-5Refer to Figure 3-5.Ceteris paribus, if supply were to increase, this would lead to (Read 66 times)

ninaj

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on: Oct 12, 2022

Question 1




FIGURE 3-5

Refer to Figure 3-5. A price at which there would be a surplus in this market is


◦ P1.
◦ P2.
◦ P3.
◦ both P1 and P2.
◦ both P1 and P3.

Question 2




FIGURE 3-5

Refer to Figure 3-5. Ceteris paribus, if supply were to increase, this would lead to


◦ a decrease in equilibrium price and an increase in equilibrium quantity.
◦ a decrease in both equilibrium price and quantity.
◦ an increase in both equilibrium price and quantity.
◦ an increase in equilibrium price and a decrease in equilibrium quantity.
◦ no change in equilibrium price or quantity.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by ninaj on Oct 12, 2022

queenBea90

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ninaj

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

ashely1112

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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