Which of the following could not cause an increase in both the equilibrium price and quantity of a good exchanged?
A) Increased input prices.
B) Decreased incomes for an inferior good.
C) An increase in the price of a substitute good.
D) Increased tastes for the good.
E) Any of the above could explain an increase in both the equilibrium price and quantity of a good exchanged.
Correct Answer:
Verified
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