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Author Question: A decrease in supply will cause a(n) a. increase in demand b. decrease in demand c. increase in ... (Read 123 times)

deesands

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A decrease in supply will cause a(n)
 a. increase in demand
  b. decrease in demand
  c. increase in quantity demanded
  d. decrease in quantity demanded
  e. decrease in equilibrium price

Question 2

A rightward shift of a supply curve
 a. represents a decrease in supply
  b. might be caused by an increase in demand
  c. might be caused by a price ceiling
  d. would cause an excess quantity supplied at the previous equilibrium price
  e. might be caused by a decrease in demand



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memslove

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Answer to Question 1

D

Answer to Question 2

D




deesands

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


carlsona147

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Reply 3 on: Yesterday
:D TYSM

 

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