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

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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7 years ago
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whipped Author
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7 years ago
Thanks for your help!!
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Smart ... Thanks!
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