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If the Percentage Change in Quantity Supplied Is 0% and the Percentage

question 69

Multiple Choice

If the percentage change in quantity supplied is 0% and the percentage change in price is 10% then the supply for the good is


Definitions:

Unconscionability

A condition in which a contract or a clause within the contract is deemed unjust or extremely one-sided in favor of the party with more power.

Fraud

Deceptive action intended to result in financial or personal gain or to cause harm to another party.

Mistake

An erroneous belief, at the time a contract is concluded, about certain facts or laws that may affect the contract's validity.

Intoxicated Persons

Individuals whose cognitive and physical abilities are significantly impaired due to the consumption of alcohol or drugs.

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