If price declines,
A) there may have been an increase in supply.
B) there may have been a decrease in demand.
C) there may have been a decrease in supply.
D) there may have been an increase in supply AND a decrease in demand.
E) there may have been a decrease in demand AND a decrease in supply.
Correct Answer:
Verified
Q149: Each of the following can cause a
Q150: Q151: If price rises, Q152: If coffee and tea are substitutes and Q153: Which of the following would cause a Q155: What happens to equilibrium price when simultaneously Q156: Each of the following can cause a Q157: When quantity demanded is greater than quantity Q158: As a result of flooding in June Q159: When quantity supplied is greater than quantity
A)there may have been an
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