Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: AndrewKraus on May 22, 2017



Title: If the demand and supply curves for a commodity both shift to the left and the shift in demand is ...
Post by: AndrewKraus on May 22, 2017
If the demand and supply curves for a commodity both shift to the left and the shift in demand is less than the shift in supply, then in comparison to the initial equilibrium, the new equilibrium will be characterized by:
A) the same price and quantity.
B) a higher price and quantity.
C) a higher price and a lower quantity.
D) a lower price and a higher quantity.


Title: Re: If the demand and supply curves for a commodity both shift to the left and the shift in demand ...
Post by: lostein on May 22, 2017
Content hidden


Title: Re: If the demand and supply curves for a commodity both shift to the left and the shift in demand is ...
Post by: AndrewKraus on Jun 24, 2017
I'll share this with my friends, thank you for being there