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Author Question: Suppose we observe an increase in the price of good A and an increase in the quantity of good A ... (Read 59 times)

vowens

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on: Oct 12, 2022
Suppose we observe an increase in the price of good A and an increase in the quantity of good A exchanged. Which of the following is a likely explanation?
◦ There is an excess supply of good A.
◦ The "law of demand" is violated.
◦ The "law of supply" is violated.
◦ The demand for good A has increased.
◦ The supply of good A has increased.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by vowens on Oct 12, 2022

kaelamcrone

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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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vowens

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

juliaf

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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