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Author Question: An increase in supply will cause a(n) a. increase in demand b. decrease in demand c. increase in ... (Read 112 times)

maychende

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on: Jul 1, 2018
An increase in supply will cause a(n)
 a. increase in demand
  b. decrease in demand
  c. increase in quantity demanded
  d. decrease in equilibrium quantity demanded
  e. increase in equilibrium price

Question 2

An increase in supply will cause equilibrium price to __________ and equilibrium quantity to __________.
 a. increase; increase
  b. increase; decrease
  c. decrease; increase
  d. decrease; decrease
  e. remain constant; increase


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millet

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


maychende

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Reply #2 on: Jul 1, 2018
Thank you


millet

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Reply #3 on: Jul 1, 2018
No problemo


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