Examlex
If demand increases, the equilibrium price and equilibrium quantity will both fall, everything else being equal.
Q7: In his concept of "the invisible hand,"
Q18: A normal good is a good whose
Q28: Rent controls encourage investment in housing because
Q43: Economic theory has traditionally focused on optimality
Q75: The personal income tax is the single
Q77: What group tends to benefit from the
Q79: In Figure 3-2, a point such as
Q140: "Demand" is a series of quantities demanded,
Q196: An optimal purchase is one that maximizes
Q246: The demand curve shows graphically how much