When the Demand for Good a Increases

question 79

Multiple Choice

When the demand for good A increases,

• A)the equilibrium price and equilibrium quantity will increase.
• B)the equilibrium price will rise,but the equilibrium quantity will decrease.
• C)the equilibrium price and equilibrium quantity will decrease.
• D)the equilibrium price will decrease,but the equilibrium quantity will increase.
• E)a surplus will result.

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