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Which of the following best describes the sequences of events that lead to a price increase and quantity decrease when supply decreases?
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Which of the following best describes the sequences of events that lead to a price increase and quantity

decrease when supply decreases?

User Afsara
by
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1 Answer

6 votes

Answer:

you gave no options but according to me

Step-by-step explanation:

When the demand for a product increases, businesses increase the price while decreasing the supply/quantity.

User Afzal N
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