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QuizMultiple Choice

Unit 2 Study Guide and Quiz

Question 1 • 2021-22 Wylie ISD Accelerated Principles of Business, Marketing, & Finance A1

If the demand for a product decreases, what is likely to happen?A.The supply is likely to increase.B.The demand is likely to be inelastic.C.The price is likely to increase.D.The price is likely to decrease.

Answer
A
A
B
B
C
C
D
D
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If the demand for a product decreases, what is…