Top Posters
Since Sunday
g
1
New Topic  
Tidy Tidy
wrote...
Posts: 4852
10 years ago
Assume that both the demand curve and the supply curve for MP3 players shift to the right but the supply curve shifts more than the demand curve. As a result
A) both the equilibrium price and quantity of MP3 players will decrease.
B) the equilibrium price of MP3 players will decrease; the equilibrium quantity will increase.
C) the equilibrium price of MP3 players may increase or decrease; the equilibrium quantity will decrease.
D) the equilibrium price of MP3 players will increase; the equilibrium quantity will decrease.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 465 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
SmooothSmoooth
wrote...
Top Poster
Posts: 5500
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
9 years ago
Don't mention it Happy Dummy
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1185 People Browsing
Related Images
  
 621
  
 353
  
 454
Your Opinion
Who's your favorite biologist?
Votes: 722

Previous poll results: Where do you get your textbooks?