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CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
Pretest
Question 4
4
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Multiple Choice
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Question 4 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
What happens when the demand for a product decreases but the supply increases?
Answer
A
The owner of a company fixes the price of the product.
B
The government allows companies to set the price of the product.
C
The price of the product increases due to high supply.
D
The price of the product decreases due to low demand.
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