1. The current quantity of bags of pretzels supplied is 100. You accurately predict that in...

 

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1. The current quantity of bags of pretzels supplied is 100. You accurately predict that in this market: O price and quantity demanded increase and quantity supplied decreases. price, quantity demanded, and quantity supplied decrease. O price and quantity supplied decrease and quantity demanded increases. O price tends to remain constant and quantity supplied increases. $. 1.10 D 75 100 Number of bags of pretzels per week %24 Price per bag of pretzels 1. The current quantity of bags of pretzels supplied is 100. You accurately predict that in this market: O price and quantity demanded increase and quantity supplied decreases. price, quantity demanded, and quantity supplied decrease. O price and quantity supplied decrease and quantity demanded increases. O price tends to remain constant and quantity supplied increases. $. 1.10 D 75 100 Number of bags of pretzels per week %24 Price per bag of pretzels

Answer rating: 100% (QA)

option 2 is correct Price and quantity supply will decr... View the full answer