Business

22 October, 10:17

1. Suppose we observe that as the price of lettuce increases from $1 to $2 per head, consumers buy only no

the number of heads of lettuce. This situation is best described as ...,

a) an increase in demand.

b) a decrease in demand.

c) a decrease in the quantity demanded.

d) an increase in supply.

e) an increase in the quantity supplied.

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