Which of the following would definitely result in a higher price in the market for chocolate bars? Select one: O a. demand and supply both increase cross out O b. demand and supply both decrease cross ou Oc demand increases and supply decreases cross ou O d. demand decreases and supply increases cross ou

Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
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Which of the following would definitely result in a higher price in the market for chocolate bars?
Select one:
O a.
demand and supply both increase
cross out
O b. demand and supply both decrease
cross ou
Oc demand increases and supply decreases
cross ou
O d. demand decreases and supply increases
cross ou
Transcribed Image Text:Which of the following would definitely result in a higher price in the market for chocolate bars? Select one: O a. demand and supply both increase cross out O b. demand and supply both decrease cross ou Oc demand increases and supply decreases cross ou O d. demand decreases and supply increases cross ou
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