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Author Question: Either an increase in demand with the supply curve held constant or a decrease in supply with the ... (Read 171 times)

jayhills49

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on: Jun 30, 2018
Either an increase in demand with the supply curve held constant or a decrease in supply with the demand curve held constant will raise a market's equilibrium price.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In a market without government interference, the price is free to move the equilibrium.
 a. True
  b. False
  Indicate whether the statement is true or false


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samiel-sayed

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

True

Answer to Question 2

True


jayhills49

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  • Posts: 559
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

alexanderhamilton

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  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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