Suppose the supply and demand of corn both increase. As a result, what will happen to the equilibrium price and equilibrium quantity in the market?
The equilibrium quantity will increase. The change in the equilibrium price is ambiguous.
Economics
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What structures make up the international capital markets?
A) stock market, IFM, and the World bank B) bond market, foreign exchange rates, IFM, and the World bank C) commercial banks, corporations, non-bank financial institutions, the central banks, and other government agencies D) commercial banks and corporations E) the central banks and non-bank financial institutions
Economics
Explain what factors cause changes in output in: (1 ) the short run; (2 ) medium run; and (3 ) long run
What will be an ideal response?
Economics