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Business, 19.03.2021 01:00 latezwardjr15

Assume the market for ceiling fans is perfectly competitive and currently in equilibrium. If the demand increases while the supply decreases, then: Question 8 options: both price and quantity will increase. both price and quantity will decrease. we can be certain the equilibrium price will increase. we can be certain the equilibrium quantity will increase.

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Assume the market for ceiling fans is perfectly competitive and currently in equilibrium. If the dem...
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