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When the Average Price of Videocassette Recorders (VCRs) Fall, the Result

Question 2

Multiple Choice

When the average price of videocassette recorders (VCRs) fall, the result is


A) an increase in supply of VCRs.
B) an increase in the quantity of VCRs supplied.
C) an increase in the quantity of VCRs demanded.
D) a decrease in the quantity of VCRs demanded.

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