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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
When demand increases and supply decreases by the same amount, the equilibrium quantity ________ and the equilibrium price ________.
A) decreases; rises
B) decreases; falls
C) decreases; does not change
D) decreases; might rise, fall, or not change
E) does not change; might rise, fall, or not change
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
You're welcome Happy Dummy
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