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2 Oct 2018
62) Suppose we observe both an increase in the price of good A and a decrease in the quantity of good A bought and sold. Which one of the following is a likely explanation? A) The law of supply is violated. B) The demand for A has decreased. C) The supply of A has increased. D) The supply of A has decreased. E) The demand for A has increased.
62) Suppose we observe both an increase in the price of good A and a decrease in the quantity of good A bought and sold. Which one of the following is a likely explanation? A) The law of supply is violated. B) The demand for A has decreased. C) The supply of A has increased. D) The supply of A has decreased. E) The demand for A has increased.
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28 May 2023
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Lelia LubowitzLv2
2 Oct 2018
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