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The Following Questions Refer to the Graph Below

Question 57

Multiple Choice

The Following Questions Refer to the graph below. The Following Questions Refer to the graph below.   -Which of the following statements is incorrect? A) If supply decreases and demand remains constant,equilibrium price will rise B) If demand decreases and supply increases,equilibrium price will rise C) If supply increases and demand decreases,equilibrium price will fall D) If demand increases and supply decreases,equilibrium price will rise E) If supply is constant and demand increases,price will rise
-Which of the following statements is incorrect?


A) If supply decreases and demand remains constant,equilibrium price will rise
B) If demand decreases and supply increases,equilibrium price will rise
C) If supply increases and demand decreases,equilibrium price will fall
D) If demand increases and supply decreases,equilibrium price will rise
E) If supply is constant and demand increases,price will rise

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