-A shift from S1 to S2 causes equilibrium price to __________ and quantity to __________.
A) rise;rise
B) fall;fall
C) rise;fall
D) fall;rise
Correct Answer:
Verified
Q92: Effective price floors keep market price
A)above the
Q93: Q94: Q95: When the price is $5 Q96: Usury laws are a form of price Q98: The relationship between quantity supplied and price Q99: Price floors are Q100: Which statement is true? Q101: When market price is above equilibrium price Q102: _ states that price and quantity demanded
A)quantity supplied is
A)sometimes associated with surpluses.
B)always associated
A)Most economists support rent
A)a
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