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4 Written questions

4 Multiple choice questions

  1. giving up one thing in order to have something else
  2. things you can't touch
  3. As the price of good goes up, supply goes down
  4. the amount customers want

3 True/False questions

  1. Law of SupplyAs the price of a good goes up, supply goes up


  2. Goodsnatural resources


  3. Equilibriumthe point where supply and demand meet