Solved: Briefly explain whether you agree with the following, Microeconomics

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Briefly explain whether you agree with the following

Question: Briefly explain whether you agree with the following statement: "The longer the period of time following an increase in the demand for apples, the greater the increase in the equilibrium quantity of apples and the smaller the increase in the equilibrium price."

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Microeconomics: Briefly explain whether you agree with the following

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