Other things remaining same, a left shift in the demand curve will lead to:
A) an increase in the equilibrium price and the equilibrium quantity.
B) a decrease in the equilibrium price and the equilibrium quantity.
C) a decrease in the equilibrium price and an increase in the equilibrium quantity.
D) an increase in the equilibrium price and a decrease in the equilibrium quantity.
B
Economics
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From 1995 to 2001, the debt—GDP ratio in the United States
A) steadily fell. B) steadily increased. C) was about constant. D) fell from 1995 to 1998, then rose sharply.
Economics
Suppose there are 1000 identical wheat farmers. For each, TC = 10 + q2. Derive the market supply curve
What will be an ideal response?
Economics