Economics for Today 7th Edition by Irvin Tucker

تمرين 2

Which of the following statements is true ?
A) An increase in demand, with no change in supply, will increase the equilibrium price and quantity.
B) An increase in supply, with no change in demand, will decrease the equilibrium price and the equilibrium quantity.
C) A decrease in supply, with no change in demand, will decrease the equilibrium price and increase the equilibrium quantity.
D) All of the above are true.