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Exhibit 4-8  Demand and Supply Curves in Exhibit 4-8, a Movement

Question 80

Multiple Choice

Exhibit 4-8  Demand and supply curves Exhibit 4-8  Demand and supply curves   In Exhibit 4-8, a movement from A to C is best described as a(n)  A)  increase in the quantity supplied and an increase in the demand. B)  decrease in the quantity supplied and a decrease in demand. C)  decrease in the quantity supplied and an increase in demand. D)  decrease in the quantity demanded and a decrease in supply. E)  decrease in both quantity demanded and quantity supplied. In Exhibit 4-8, a movement from A to C is best described as a(n)


A) increase in the quantity supplied and an increase in the demand.
B) decrease in the quantity supplied and a decrease in demand.
C) decrease in the quantity supplied and an increase in demand.
D) decrease in the quantity demanded and a decrease in supply.
E) decrease in both quantity demanded and quantity supplied.

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