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MMLU / Which of the following certainly lowers the equilibrium price of a good…

Problem

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question

Which of the following certainly lowers the equilibrium price of a good exchanged in a competitive market?

choices

  1. The demand curve shifts to the right.
  2. The supply curve shifts to the left.
  3. The demand curve shifts to the left, and the supply curve shifts to the right.
  4. The demand curve shifts to the right, and the supply curve shifts to the left.

subject

high_school_microeconomics

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