When demand and supply both increase,equilibrium price will _________ and equilibrium quantity will ________.
A) increase;increase
B) decrease;increase
C) remain the same;increase
D) All of these are correct.
Correct Answer:
Verified
Q72: The market demand curve is derived
A)so that
Q73: Each of the following is an inferior
Q74: Q75: A decrease in the demand for a Q76: Substitute goods are Q78: An increase in the price of water Q79: A decrease in the price of memberships Q80: If sneakers and hiking boots are substitutes
A)replacements for one another.
B)inferior goods.
C)consumed
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