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Title: Assume a competitive market is in equilibrium. There is an increase in demand, but no change in supp Post by: Loraine on Jun 20, 2015 Assume a competitive market is in equilibrium. There is an increase in demand, but no change in supply. As a result the equilibrium price ________, and the equilibrium quantity ________.
A) rises; increases B) rises; does not change C) falls; does not change D) falls; decreases E) falls; increases Title: Re: Assume a competitive market is in equilibrium. There is an increase in demand, but no change in Post by: Dropx on Aug 15, 2015 Content hidden
Title: Re: Assume a competitive market is in equilibrium. There is an increase in demand, but no change in supp Post by: Dropx on Aug 31, 2015 Another success story!
I'm proud 8-) |