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Title: Given a positively sloped supply curve, when market demand increases,
Post by: 18iq on Sep 26, 2022
Given a positively sloped supply curve, when market demand increases,

▸ the new equilibrium will have a higher price and a smaller quantity.

▸ the new equilibrium will have the same price and larger quantity.

▸ the new equilibrium will have a lower price and a greater quantity.

▸ the new equilibrium will have a lower price and a smaller quantity.

▸ the new equilibrium will have a higher price and a larger quantity.


Title: Given a positively sloped supply curve, when market demand increases,
Post by: manuella14 on Sep 26, 2022
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