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Suppose That the Equilibrium Price of French Fries Rises While

Question 149

Multiple Choice

Suppose that the equilibrium price of french fries rises while the equilibrium quantity falls. The most likely explanation for these changes is:


A) a decrease in demand for french fries.
B) an increase in demand for french fries
C) an increase in the supply of french fries.
D) a decrease in the supply of french fries.

Correct Answer:

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