Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter3: Demand And Supply
Section: Chapter Questions
Problem 17RQ: How can you locate the equilibrium point on a demand and supply graph?
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Question
![All else equal, if prices decrease, then supply decreases.
A True
B False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8aa0e649-7d9d-4eef-b9bf-7f22732d0bcd%2F855cefb5-f866-4c3b-9277-df6bab2cd819%2F2jlmqkr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:All else equal, if prices decrease, then supply decreases.
A True
B False
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