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If the demand for a good increases by more than the supply of the good increases, then the good's ...

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If the demand for a good increases by more than the supply of the good increases, then the good's ...

If the demand for a good increases by more than the supply of the good increases, then the good's equilibrium price will __________ and its equilibrium quantity will __________.

▸

rise; fall

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rise; rise

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fall; fall

▸

fall; rise

Textbook

Economics

Edition: 12^th

Author: Arnold

Read 38 times

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yesure5294 Author

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Smart ... Thanks!

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Just got PERFECT on my quiz

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