Multiple Choice
As price declines,quantity demanded goes _______ and quantity supplied goes ________.
A) up,up
B) down,down
C) up,down
D) down,up
Correct Answer:
Verified
Related Questions
Q2: If the market price is below equilibrium
Q3: At equilibrium,if quantity supplied is 16,quantity demanded
A)is
Q4: A demand schedule can be presented
A)only as
Q5: If market price is equal to equilibrium
Q6: At equilibrium,each of these is true except
A)quantity
Q8: When the market price is lower than
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