Ceteris Paribus,an Increase in the Number of Sellers of Running

question 21

Multiple Choice

Ceteris paribus,an increase in the number of sellers of running shoes causes equilibrium price to

• A)Decrease and equilibrium quantity to increase.
• B)Decrease and equilibrium quantity to decrease.
• C)Increase and equilibrium quantity to increase.
• D)Increase and equilibrium quantity to decrease.

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