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Suppose We Observe a Fall in the Price of Good

question 160

Multiple Choice

Suppose we observe a fall in the price of good A and a decrease in the quantity of good A bought and sold.Which one of the following is a likely explanation?


Definitions:

Speaking Out of Turn

Refers to the act of speaking when it is not one's turn, often considered impolite or disrupting in conversations and meetings.

Scolded

Reprimanded or criticized harshly.

Idiom

An idiom is a phrase or expression whose meaning cannot be understood from the literal definitions of its individual words but represents a figurative, non-literal meaning known to speakers of the language.

Adhere

To stick firmly to a surface or belief, to follow strictly a set of rules or guidelines.

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