Which of the Following Would Result in a Higher Equilibrium

question 11

Multiple Choice

Which of the following would result in a higher equilibrium price and an ambiguous change in the equilibrium quantity?

• A)An increase in both supply and demand
• B)An increase in supply and a decrease in demand
• C)A decrease in both supply and demand
• D)A decrease in supply and an increase in demand

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Numeric values representing quantities of money, denoted by symbols or codes indicating national or regional currencies.

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