Unit 2 Review: Supply, Demand, and Equilibrium Flashcards | StudBud

Home Library Explore SAT

Home Library Explore SAT

Unit 2 Review: Supply, Demand, and Equilibrium Flashcards | StudBud

Unit 2 Review: Supply, Demand, and Equilibrium

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Question

If the price of mints drops from $.75 to $.50. What will happen to the supply of mints?

Answer

The quantity supplied will decrease on the curve (new dot)

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