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When the Demand Curve Shifts Rightward and the Supply Curve

Question 189

Multiple Choice

When the demand curve shifts rightward and the supply curve shifts leftward, then the equilibrium price ________ and the equilibrium quantity ________.


A) rises; decreases
B) falls; increases
C) rises; probably changes but the direction of the change cannot be determined
D) probably changes but the direction of the change cannot be determined; increases

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