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Author Question: If both supply and demand increase, then the change in equilibrium quantity is indeterminate. a. ... (Read 77 times)

Pineappleeh

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on: Jul 1, 2018
If both supply and demand increase, then the change in equilibrium quantity is indeterminate.
 a. True
  b. False

Question 2

If supply increases and demand decreases, then equilibrium price will fall.
 a. True
  b. False


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cclemon1

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

B

Answer to Question 2

A


Pineappleeh

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  • Posts: 585
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

FergA

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

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