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11ECO - Market - Shifts in Demand & Supply Flashcards | StudBud
11ECO - Market - Shifts in Demand & Supply
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An Increase in Demand will lead to...
A
A higher equilibrium price and higher equilibrium quantity
B
A lower equilibrium price and lower equilibrium quantity
C
A higher equilibrium price and lower equilibrium quantity
D
A lower equilibrium price and higher equilibrium quantity
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