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13 Jun 2018
Figure 4.5 Price O Q, Q, Q2 Q3 QA Quantity 21. Initially, the demand curve for good A is D, in Figure 4.5. Suppose good B is a substitute (in consumption). If the price of B falls, A) the price of A will rise. B) there will be a surplus of good A at P2. the demand for good A will rise. the equilibrium quantity will rise. the demand curve will shift from D2 to Dz. C) the
Figure 4.5 Price O Q, Q, Q2 Q3 QA Quantity 21. Initially, the demand curve for good A is D, in Figure 4.5. Suppose good B is a substitute (in consumption). If the price of B falls, A) the price of A will rise. B) there will be a surplus of good A at P2. the demand for good A will rise. the equilibrium quantity will rise. the demand curve will shift from D2 to Dz. C) the
Beverley SmithLv2
14 Jun 2018
