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For a given market, the equilibrium quantity of the good or service will decrease if _____.(1 point)
Responses demand increases
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For a given market, the equilibrium quantity of the good or service will decrease if _____.(1 point)
Responses demand increases
1 answer
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The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses quantity supplied increases quantity
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hi
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The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses supply decreases supply decreases
1 answer
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Eric23
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The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses supply decreases supply decreases
1 answer
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For a given market, the equilibrium quantity of the good or service will decrease if _____.(1 point)
Responses demand decreases
3 answers
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The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses quantity supplied increases quantity
1 answer
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For a given market, the equilibrium quantity of the good or service will decrease if_____.
O demand decreases and supply
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Market Equilibrium Quick Check
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The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses quantity supplied decreases quantity
1 answer
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The law of supply states that as price increases, ceteris paribus, _____.(1 point)
Responses quantity supplied decreases quantity
1 answer
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