Assume the demand for lettuce slopes downward

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Assume the demand for lettuce slopes downward-and-to-the-right and the supply of lettuce slopes upward-and-to-the-right. If there is an increase in the supply of lettuce then we would expect the equilibrium price to (decrease / not change / increase) and the equilibrium quantity to (decrease / not change / increase).

Reference no: EM131393426

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