Market relative to the supply of golden teapots

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Reference no: EM131104859

Given ceteris paribus, if the demand for golden teapots increases in a market relative to the supply of golden teapots, a group of microeconomists who conclude that:

(A) the price of these teapots will fall is correct

(B) the price of these teapots will rise is correct

(D) none of the above

Reference no: EM131104859

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