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Author Question: A competitive market is in equilibrium. Then there is an increase in demand and an increase in ... (Read 34 times)

newyorker26

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on: May 24, 2019
A competitive market is in equilibrium. Then there is an increase in demand and an increase in supply. The equilibrium price ________, and the equilibrium quantity ________.
◦ rises; increases
◦ perhaps changes but we can't say if it rises, falls, or stays the same; does not change
◦ falls; increases
◦ perhaps changes but we can't say if it rises, falls, or stays the same; increases
◦ falls; perhaps changes but we can't say if it increases, decreases, or stays the same
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by newyorker26 on May 24, 2019

mcinincha279

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Reply #1 on: May 24, 2019
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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newyorker26

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

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

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