Match the correct answer to each statement.
(a) If the demand for mangos increases but the supply decreases:
(b) If the demand for and supply of hybrid cars both increase:
(c) If demand for CDs decreases and the supply increases:

(i) quantity will increase and price could increase or decrease.
(ii) price will increase, and quantity could increase or decrease.
(iii) price will decrease and the quantity could increase or decrease.

Question

Match the correct answer to each statement.
(a) If the demand for mangos increases but the supply decreases:
(b) If the demand for and supply of hybrid cars both increase:
(c) If demand for CDs decreases and the supply increases:

(i)	quantity will increase and price could increase or decrease.
(ii)	price will increase, and quantity could increase or decrease.
(iii)	price will decrease and the quantity could increase or decrease.

Quizplus · Accepted Answer

The Answer of Match the correct answer to each statement.
(a) If the demand for mangos increases but the supply decreases:
(b) If the demand for and supply of hybrid cars both increase:
(c) If demand for CDs decreases and the supply increases:

(i)	quantity will increase and price could increase or decrease.
(ii)	price will increase, and quantity could increase or decrease.
(iii)	price will decrease and the quantity could increase or decrease.

Match the Correct Answer to Each Statement