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The Basics of Supply
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The Basics of Supply
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3. Supply and Demand / The Basics of Supply / Problem 8
Problem 8
What mnemonic device can help remember the direction of the supply curve compared to the demand curve?
A
Both demand and supply are upward.
B
Both demand and supply are downward.
C
Demand is downward, supply is upward.
D
Demand is upward, supply is downward.
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