Author Question: If demand increases while supply simultaneously decreases, then the equilibrium quantity A) ... (Read 113 times)

altibaby · **on:** Jun 29, 2018

If demand increases while supply simultaneously decreases, then the equilibrium quantity

A) always increases.
B) always decreases.
C) can never change.
D) none of the above

Question 2

The questions that an economic system attempts to solve include

A) what to produce.
B) how to produce items.
C) for whom items are produced.
D) all of the above.