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Paper 2Structured Questions1 marks
The market for oranges is experiencing fluctuations in price.
Description
Market for Oranges
As the price of oranges rises from $1 to $2 per kilogram, the quantity supplied increases from 1000 kg to 2000 kg. Conversely, when the price falls to $0.50, the quantity supplied decreases to 500 kg.
- a[1]
State What happens to the quantity supplied of oranges when the price increases?
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