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An increase in supply will lower price unless?
Classroom
Economics Classroom
Jamb
Jamb 1987
The Theory Of Supply
Meaning And Determinants Of Supply
More Topics
An increase in supply will lower price unless?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Supply is perfectly inelastic
B
Demand is perfectly inelastic
C
It is followed by an increase in demand
D
Demand is highly inelastic
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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