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If Both Demand and Supply Increase, Then the Equilibrium Price

Question 39

Multiple Choice

If both demand and supply increase, then the equilibrium price


A) falls but the equilibrium quantity increases.
B) falls, and the equilibrium quantity could either increase or decrease.
C) could either rise or fall, but the equilibrium quantity increases.
D) and equilibrium quantity increases.
E) rises, and the equilibrium quantity could either increase or decrease.

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