When supply and demand both increase,equilibrium
A) price will increase.
B) price will decrease.
C) quantity may increase,decrease,or remain unchanged.
D) price may increase,decrease,or remain unchanged.
Correct Answer:
Verified
Q9: Equilibrium quantity must decrease when demand
A)increases and
Q10: Which of the following events must cause
Q11: Buyers are able to buy all they
Q12: Another term for equilibrium price is
A)dynamic price.
B)market-clearing
Q13: Which of the following events must cause
Q15: In a given market,how are the equilibrium
Q16: If the demand for a product decreases,then
Q18: Equilibrium quantity must increase when demand
A)increases and
Q19: Equilibrium price must decrease when demand
A)increases and
Q259: If the supply of a product increases,
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