-Assume That the Market Is Originally at Point Z

question 168

Multiple Choice

-Assume that the market is originally at point Z.Movement to point Y is a combination of

• A) a decrease in the quantity supplied and an increase in demand.
• B) a decrease in supply and an increase in demand.
• C) an increase in supply and an increase in the quantity demanded.
• D) a decrease in the quantity supplied and a decrease in demand.
• E) a decrease in supply and a decrease in the quantity demanded.

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