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Above the equilibrium point, a further rise in price tends to
Question 1
Report
Above the equilibrium point, a further rise in price tends to
increase demand and restrict supply
restrict demand and decrease supply
increase demand and decrease supply
decrease demand and increase supply
Answer Details
Read lesson note on The Theory Of Demand (JAMB)
Read lesson note on Economics As A Science (JAMB)
The Theory Of Demand
Economics As A Science
View Answer
