Multiple Choice
Figure 4.3
-Figure 4.3 illustrates the supply and demand for blue jeans.If the actual price of blue jeans is $30,we would expect the price of blue jeans to ________,the quantity demanded of blue jeans to ________,and the quantity supplied of blue jeans ________.
A) increase;increase;increase
B) increase;decrease;increase
C) decrease;increase;decrease
D) decrease;decrease;increase
Correct Answer:
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