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If the demand for a good increases, which of the following will generally occur in a market setting? A) The price of the good will decrease. B) The supply of the good will increase. C) The
quantity supplied will increase. D) Producer profits will fall.
C) The quantity supplied will increase if the demand for a good increases.
Expert answered|andrewpallarca|Points 21080|
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Asked 4/15/2013 12:00:36 PM
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