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Anwer the questions correctly. Filled in anwers are what I think are correct. Wh

ID: 1091605 • Letter: A

Question

Anwer the questions correctly.

Filled in anwers are what I think are correct.

What will happen to the equilibrium price and quantity of new houses if the wage rate of carpenters increases? PE increase, QE increase PE decrease, QE decrease PE increase, QE decrease PE decrease, QE increase Suppose that the price of Hershey's chocolate decreases. What would happen to equilibrium price and quantity in the market for Godiva chocolate? PE increase, QE increase PE decrease, QE decrease PE decrease, QE increase PE increase, QE decrease

Explanation / Answer

Q8. C

Q9. B (Correct!)

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