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EPF Unit 4 - The Price System Flashcards | StudBud
EPF Unit 4 - The Price System
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When the price of tennis rackets increases, what happens to the market for tennis balls?
A
demand decreases, decreasing price and quantity
B
supply increases, decreasing price and increasing quantity
C
demand increases, increasing price and quantity
D
supply decreases, increasing price and decreasing quantity
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