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Author Question: If demand increases and supply decreases, quantity will a. always increase b. always decrease c. ... (Read 74 times)

Bernana

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on: Jul 1, 2018
If demand increases and supply decreases, quantity will
 a. always increase
  b. always decrease
  c. increase only if supply decreases more than demand increases
  d. increase only if supply decreases less than demand increases
  e. decrease only if supply decreases less than demand increases

Question 2

If both demand and supply increase, price will
 a. always increase
  b. always decrease
  c. increase only if supply increases more than demand does
  d. increase only if demand increases more than supply does
  e. decrease only if supply increases less than demand does


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katieost

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

D

Answer to Question 2

D


Bernana

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Reply #2 on: Jul 1, 2018
Correct answers!


katieost

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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