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Which of the Following Situations Would Cause the Equilibrium Price

Question 101

Multiple Choice

Which of the following situations would cause the equilibrium price of wheat to increase and the change in the equilibrium quantity of wheat to be indeterminate?  


A)  if supply and demand both decline 
B)  if supply and demand both rise 
C)  if supply declines and demand rises 
D)  if supply rises and demand declines

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