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Which of the Following Is Evidence of a Shortage of Chocolate

Question 155

Multiple Choice

Which of the following is evidence of a shortage of chocolate?


A) Firms lower the price of chocolate.
B) The price of chocolate is raised in order to increase sales.
C) The equilibrium price of chocolate falls due to a decrease in demand.
D) The quantity of chocolate demanded is greater than the quantity supplied.

Correct Answer:

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