menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Study Set 1
  4. Exam
    Exam 3: Supply and Demand
  5. Question
    If the Supply of a Good Increases While the Demand
Solved

If the Supply of a Good Increases While the Demand

Question 282

Question 282

Multiple Choice

If the supply of a good increases while the demand for that good decreases, the equilibrium quantity will


A) increase.
B) decrease.
C) be indeterminate.
D) remain unchanged.

Correct Answer:

verifed

Verified

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

Related Questions

Q277: A change in preferences causes a movement

Q278: (Figure: Predicting Market Shifts) Why is there

Q279: Suppose there is unseasonably stormy weather in

Q280: What happens to the equilibrium price and

Q281: (Figure: Predicting Demand Shifts) Which factor would

Q283: What is the difference between a change

Q284: In the market for cable television, fewer

Q285: If an increase in income causes a

Q286: A decrease in demand causes the equilibrium

Q287: Which statement illustrates the law of demand?<br>A)

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