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-Beginning with Equilibrium in Table 2

Question 91

Multiple Choice

-Beginning with equilibrium in Table 2.3, an increase in price of $1 would

  -Beginning with equilibrium in Table 2.3, an increase in price of $1 would A)  cause a shortage of 36. B)  cause a surplus of 36. C)  cause a shortage of 72. D)  cause a surplus of 72. E)  lead to an increase in demand.
-Beginning with equilibrium in Table 2.3, an increase in price of $1 would


A) cause a shortage of 36.
B) cause a surplus of 36.
C) cause a shortage of 72.
D) cause a surplus of 72.
E) lead to an increase in demand.

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