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tuggy tuggy
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Posts: 864
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7 years ago
If the demand and supply curves for a commodity shift to the right by the same amount, then in comparison to the initial equilibrium, the new equilibrium will be characterized by:
A) a higher quantity and price.
B) a lower quantity and a higher price.
C) the same quantity and a lower price.
D) a higher quantity and the same price.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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7 years ago
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University of Kansas Alumni

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tuggy Author
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6 years ago
Thanks for answering correctly
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