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Macro 1 - demand, supply, and equilibrium Flashcards | StudBud
Macro 1 - demand, supply, and equilibrium
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If supply decreases, and demand decreases how does price or quantity change?
A
Quantity increases, and price increases
B
Quantity decreases, and price decreases
C
Quantity does not change, price decreases
D
Quantity decreases, and price is unknown
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