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Assuming There Is a Rise in Supply of Copper,if the Market

Question 55

Multiple Choice
Assuming there is a rise in supply of copper,if the market for copper is allowed to adjust,the ultimate result will be:

Assuming there is a rise in supply of copper,if the market for copper is allowed to adjust,the ultimate result will be:


A) an increase in price and an increase in the quantity demanded.
B) an increase in price and an increase in the quantity supplied.
C) a decrease in price and an increase in the quantity demanded.
D) a decrease in price and an increase in the quantity supplied.

Correct Answer:

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