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Author Question: If the demand curve increases while the supply curve remains unchanged, the equilibrium price would ... (Read 111 times)

jhjkgdfhk

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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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Answer to Question 1

False

Answer to Question 2

False




jhjkgdfhk

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Gracias!


31809pancho

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  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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