menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 41
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    If the Demand for Bathing Suits and Supply of Bathing
Solved

If the Demand for Bathing Suits and Supply of Bathing

Question 88

Question 88

Multiple Choice

If the demand for bathing suits and supply of bathing suits both decrease, then definitely the equilibrium


A) quantity will decrease.
B) quantity will increase.
C) price will increase.
D) price will decrease.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q83: The ʺincome effectʺ in the market for

Q84: The ʺlaw of demandʺ refers to the

Q85: Which of the following statements is correct?<br>A)

Q86: Which of the following shifts the demand

Q89: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above

Q90: The opportunity cost of good A in

Q91: Which of the following decreases the demand

Q92: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -The figure above

Q93: Coffee and sugar are complements. If a

Q263: What is the law of demand?

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines