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Which of the Following Events Must Result in a Higher

Question 74

Multiple Choice

Which of the following events must result in a higher price in the market for cigars?


A) Demand for cigars increases,and supply of cigars decreases.
B) Demand for cigars and supply of cigars both decrease.
C) Demand for cigars decreases,and supply of cigars increases.
D) Demand for cigars and supply of cigars both increase

Correct Answer:

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