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If an earthquake destroys a huge storage unit for shoes, which decreases the supply of shoes, the equilibrium price of shoes will____________.

a. increase and equilibrium quantity will decrease.
b. decrease and equilibrium quantity will decrease.
c. increase and equilibrium quantity will increase.
d. decrease and equilibrium quantity will increase.

Answer :

Answer:

the answer is A because the less of something the higher you can raise the price

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