-As the price decreases,the behaviour of the data in Column 1 is most consistent with
A) a supply curve.
B) excess demand.
C) excess supply.
D) a demand curve.
E) an equilibrium.

Name: -As the price decreases,the behaviour of the data in Column 1 is most consistent with A) a supply curve. B) excess demand. C) excess supply. D) a demand curve. E) an equilibrium.
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Question

-As the price decreases,the behaviour of the data in Column 1 is most consistent with
A) a supply curve. 
B) excess demand. 
C) excess supply. 
D) a demand curve. 
E) an equilibrium.

Quizplus · Accepted Answer

As the price decreases, the quantity demanded typically increases, which is consistent with the behavior of a demand curve.

-As the Price Decreases,the Behaviour of the Data in Column