The market equilibrium price and quantity can be affected if

Name: The market equilibrium price and quantity can be affected if
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Question

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All of the options (A, B, C) describe scenarios where changes in supply and demand would affect the market equilibrium price and quantity. An increase or decrease in either supply or demand, or a combination of these changes, will shift the supply and demand curves, leading to a new equilibrium.

The Market Equilibrium Price and Quantity Can Be Affected If