Supply and Demand shifts Flashcards

Supply and Demand shifts

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Question

The producers of apples expect the price to increase in 3 weeks. What is likely to happen now?

Answer

The Quantity Demanded will increase, The Quantity supplied will diminish

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Supply and Demand shifts

0 / 10

Question

Answer

The Quantity Demanded will increase, The Quantity supplied will diminish

Know itStill learning

Card 1 of 10