Multiple Choice
Table 3-4

-In Table 3-4,if price rises from $8 to $10
A) quantity demanded rises by 500 and quantity supplied falls by 700.
B) quantity demanded falls by 500 and quantity supplied rises by 700.
C) quantity demanded rises by 1000 and quantity supplies falls by 1700.
D) quantity demand falls by 500 but quantity supplied does not change.
Correct Answer:
Verified
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