Multiple Choice
Which of the following events must result in a higher price in the market for Snickers?
A) Demand for Snickers increases, and supply of Snickers decreases.
B) Demand for Snickers and supply of Snickers both decrease.
C) Demand for Snickers decreases, and supply of Snickers increases.
D) Demand for Snickers and supply of Snickers both increase
Correct Answer:
Verified
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