The Table Given Below Shows the Quantity Supplied and the Quantity

question 16

Multiple Choice

The table given below shows the quantity supplied and the quantity demanded for a good at different prices.If the price of the good described in the table below is $1.60,then an economist would expect the: Table 4.1
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• A)price to decrease to $1.40.
• B)price to decrease to $1.50.
• C)quantity supplied to decrease to 50 units.
• D)quantity demanded to increase to 80 units.
• E)quantity demanded to decrease to 50 units.

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Definitions:

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October Sales

A reference to the data or statistics pertaining to sales transactions that occurred in the month of October.

November Sales

Data or records related to the transactional sales that took place during the month of November, differentiated from previous mention of monthly sales by specifying a distinct time period.

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Pertaining to data or documents that have been stored on a computer or storage device to prevent loss.