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At Trader Joe's, the Price of Chocolate Chip Cookies Falls

Question 42

Multiple Choice

At Trader Joe's, the price of chocolate chip cookies falls. As a result, you would expect to see


A) an increase in the demand for chocolate chip cookies.
B) a rise in the quantity demanded of chocolate chip cookies.
C) a decrease in the demand for chocolate chip cookies.
D) a drop in the quantity demanded of chocolate chip cookies.

Correct Answer:

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