Suppose Supply Decreases and Demand Increases

question 84

Multiple Choice

Suppose supply decreases and demand increases.What effect will this have on the price?

• A) It will fall.
• B) It will rise.
• C) It may rise or fall.
• D) It will remain the same.

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A pneumatic brake system component that uses compressed air acting on a spring to apply braking force.

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A tool powered by compressed air used to drive rivets, typically used in metalwork and manufacturing.