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Other Fields Homework Help Economics Topic started by: Tidy on Jun 20, 2015



Title: Assume that both the demand curve and the supply curve for MP3 players shift to the right but the de
Post by: Tidy on Jun 20, 2015
Assume that both the demand curve and the supply curve for MP3 players shift to the right but the demand curve shifts more than the supply curve. As a result
A) both the equilibrium price and quantity of MP3 players will increase.
B) the equilibrium price of MP3 players will increase; the equilibrium quantity may increase or decrease.
C) the equilibrium price of MP3 players may increase or decrease; the equilibrium quantity will increase.
D) the equilibrium price of MP3 players will decrease; the equilibrium quantity may increase or decrease.


Title: Re: Assume that both the demand curve and the supply curve for MP3 players shift to the right but th
Post by: Smoooth on Aug 10, 2015
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Title: Re: Assume that both the demand curve and the supply curve for MP3 players shift to the right but the de
Post by: Smoooth on Aug 31, 2015
No problemo :-]