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Author Question: A market is in equilibrium. What will happen to the equilibrium price and quantity following an ... (Read 118 times)

HudsonKB16

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on: May 25, 2020
A market is in equilibrium. What will happen to the equilibrium price and quantity following an increase in income and a fall in the costs of production?
◦ A fall in equilibrium price and a fall in equilibrium quantity
◦ A rise in equilibrium price and a rise in equilibrium quantity
◦ A fall in equilibrium price but a rise in equilibrium quantity
◦ A rise in equilibrium quantity, but an unknown effect on price
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by HudsonKB16 on May 25, 2020

Animal_Goddess

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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HudsonKB16

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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