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According to the Law of Supply, If the Price of Electric

Question 64

Multiple Choice
According to the law of supply, if the price of electric ranges increased, everything else held constant, the

According to the law of supply, if the price of electric ranges increased, everything else held constant, the


A) supply of electric ranges would decrease.
B) demand for gas ranges would increase.
C) demand for electric ranges would decrease.
D) supply of electric ranges would increase.
E) quantity supplied of electric ranges would increase.

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