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The price of good x has a pattern such that p = $3 on monday through thursday of every week, and p = $2 on fridays. if speculators begin participating in the market for good x, their actions will likely lead to a(n) ______________ in the price of good x on monday through thursday and a(n) _______________ in the price of good x on friday.

a. decrease; increase


b. decrease; decrease


c. increase; decrease


d. increase; increase

1 Answer

2 votes

A. Decrease/increase

User Valera Shutylev
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