Which of the Following Lower the Equilibrium Price of a Canoe

question 301

Multiple Choice

Which of the following lower the equilibrium price of a canoe?

• A) an increase in the supply of canoes
• B) an increase in the demand for canoes
• C) an increase in the quantity of canoes supplied
• D) a decrease in the supply of canoes
• E) Both answers A and B are correct.

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