Author Question: Either an increase in demand with the supply curve held constant or a decrease in supply with the ... (Read 163 times)

jayhills49 · **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