Assume Qs represents the quantity supplied at a given price and Qd represents the quantity demanded at the same given price. Which of the following market conditions produce a downward movement of the price?
a. Qs = 1,000, Qd = 750 b. Qs = 750, Qd = 750.
c. Qs = 750, Qd = 1,000 d. Qs = 1,000, Qd = 1,000.
a
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