If price will change, holding other factors constant, the following will happen in the market for a consumerSingle choice. a. There will be a change in quantity demanded. b. There will be a change in quantity supplied. c. There will be a change in demand. d. There will be a change in supply.
If price will change, holding other factors constant, the following will happen in the market for a consumerSingle choice. a. There will be a change in quantity demanded. b. There will be a change in quantity supplied. c. There will be a change in demand. d. There will be a change in supply.
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 10P
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If price will change, holding other factors constant, the following will happen in the market for a consumerSingle choice.
a. There will be a change in quantity demanded.
b. There will be a change in quantity supplied.
c. There will be a change in demand.
d. There will be a change in supply.
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