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Supply, Demand & Equilibrium Flashcards | StudBud
Supply, Demand & Equilibrium
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The diagram below shows the house rental market in Abu Dhabi. What is happening?
A
Demand ↑ Supply ↑ = Price ↓
B
Demand ↑ Supply ↓ = Price ↑
C
Population ↓ Supply ↓ = Price ↑
D
Price ↑ Supply ↑ = Equilibrium
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