We Cannot Predict the Effect on the Equilibrium Quantity, but Know

question 166

Multiple Choice

We cannot predict the effect on the equilibrium quantity, but know that the market clearing price will decrease when

• A) supply increases and demand decreases.
• B) supply decreases and demand increases.
• C) supply decreases and at the same time demand increases.
• D) supply increases and at the same time demand decreases.

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