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Author Question: If the demand curve increases while the supply curve remains unchanged, the equilibrium price would ... (Read 110 times)

jhjkgdfhk

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on: Jun 30, 2018
If the demand curve increases while the supply curve remains unchanged, the equilibrium price would decrease.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An equilibrium price is unaffected by nonprice factors.
 a. True
  b. False
  Indicate whether the statement is true or false


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wshriver

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


jhjkgdfhk

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  • Posts: 569
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

milbourne11

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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