Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Please awnser the following question explain steps
![7
Supply
5
4
Demand
1
1
3
4
5. Consider the (red) demand function. By how much does the price
decrease when one more unit is supplied?
A. 1/3|
В. З С. 1/2
D. 2](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc40ff26c-acdf-4c64-9b1c-9da4f6acfc66%2F2a8bcaaf-47d2-40d6-bcce-15822152c4c3%2Fsyp2rhg_processed.png&w=3840&q=75)
Transcribed Image Text:7
Supply
5
4
Demand
1
1
3
4
5. Consider the (red) demand function. By how much does the price
decrease when one more unit is supplied?
A. 1/3|
В. З С. 1/2
D. 2
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