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Homework answers / question archive / Which chain of events is an expected occurrence in the market and, in addition, occurs in the correct order? (x) Demand decreases, price decreases, quantity supplied decreases

Which chain of events is an expected occurrence in the market and, in addition, occurs in the correct order? (x) Demand decreases, price decreases, quantity supplied decreases

Marketing

Which chain of events is an expected occurrence in the market and, in addition, occurs in the correct order?

(x) Demand decreases, price decreases, quantity supplied decreases.

(y) Supply increases, price decreases, quantity demanded increases

(z) Supply decreases, price increases, quantity demanded increases.

A. (x), (y) and (z)

B. (x) and (y) only

C. (x) and (z) only

D. (y) and (z) only

E. (x) only

Option 1

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