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Business, 26.02.2020 02:53 alexandria3498

Assume that consumers' incomes and the number of sellers in the market for good A (a normal good) both decrease. Based upon this information we can conclude, with certainty, that equilibrium:

price will increase.
quantity will increase.
price will decrease.
quantity will decrease.

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Assume that consumers' incomes and the number of sellers in the market for good A (a normal good) bo...
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