[Answered] If both supply and demand increase, then the change in equilibrium quantity is indeterminate. a. ...

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Author Question: If both supply and demand increase, then the change in equilibrium quantity is indeterminate. a. ... (Read 54 times)

Pineappleeh

Hero Member
Posts: 585

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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Marked as best answer by a Subject Expert

cclemon1

Sr. Member
Posts: 312

Reply #1 on: Jul 1, 2018

Answer to Question 1

B

Answer to Question 2

A

Pineappleeh

Member
Posts: 585

Reply 2 on: Jul 1, 2018

Gracias!

laurnthompson

Member
Posts: 334

Reply 3 on: Yesterday

Wow, this really help

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