Equilibrium price will unambiguously increase when
A) demand increases and supply does not change,when demand does not change and supply decreases,and when demand decreases and supply increases simultaneously.
B) demand increases and supply does not change,when demand does not change and supply decreases,and when demand increases and supply decreases simultaneously.
C) demand decreases and supply does not change,when demand does not change and supply increases,and when demand decreases and supply increases simultaneously.
D) demand decreases and supply does not change,when demand does not change and supply increases,and when demand increases and supply decreases simultaneously.
Correct Answer:
Verified
Q97: Suppose the incomes of buyers in a
Q104: New cars are normal goods.What will happen
Q107: What would happen to the equilibrium price
Q119: Pens are normal goods.What will happen to
Q437: Saddle shoes are not popular right now,so
Q438: A decrease in input costs to firms
Q439: An early frost in the vineyards of
Q441: Which of the following events will definitely
Q443: Equilibrium quantity will unambiguously increase when
A) demand
Q446: Which of the following events will definitely
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents