The Equilibrium Quantity Will Decrease and the Price Might Rise

question 322

Multiple Choice

The equilibrium quantity will decrease and the price might rise, fall, or stay the same when the

• A) demand and the supply of a good both increase.
• B) demand for a good increases and the supply of it decreases.
• C) demand for a good decreases and the supply of it increases.
• D) demand and the supply of a good both decrease.

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