If Both Demand and Supply Increases in a Market That

question 101

Multiple Choice

If both demand and supply increases in a market that is initially in equilibrium,price will:

• A)remain unchanged while quantity will decrease.
• B)remain unchanged while quantity will increase.
• C)increase only if supply increases more than demand.
• D)increase only if demand increases more than supply.
• E)decrease only if supply increases less than demand.

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