The equilibrium price will fall and the equilibrium quantity might increase, decrease, or stay the same when the
A) demand and the supply of a good both increase.
B) demand for a good increases and the supply of it decreases.
C) demand for a good decreases and the supply of it increases.
D) demand and the supply of a good both decrease.
C
Economics
You might also like to view...
An export is any good that is:
A) rationed and licensed by the government. B) produced and consumed domestically. C) produced by public-sector firms. D) produced domestically, but sold abroad.
Economics
Few countries have a higher GDP per capita than the weighted average of Canada, Mexico and the U.S
Indicate whether the statement is true or false
Economics