When demand decreases and the demand curve shifts to the left, equilibrium price ________ and equilibrium quantity ________
A) increases; decreases B) decreases; increases
C) decreases; decreases D) increases; increases
C
Economics
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"Non-market-clearing" approaches to macroeconomics include
A) the original Keynesian model, but not the New Keynesian model. B) the New Keynesian model, but not the original Keynesian model. C) the original and New Keynesian models. D) neither the original nor the new Keynesian models.
Economics
The highest concentration ratio
A. is in Industry X.
B. is in Industry Y.
C. is in Industry Z.
D. cannot be determined.
Economics