MCQOPTIONS
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| 1. |
Assume that consumer's income and the number of sellers in the market for good X both falls. Based on this information, we can conclude with certaintty that the equilibrium |
| A. | rice will decrease |
| B. | rice will increase |
| C. | uantity will decrease |
| D. | uantity will increase |
| Answer» D. uantity will increase | |