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Question 25

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-Refer to the above information to answer this question.If both demand and supply increase by 40 units,what will be the new values of equilibrium price and quantity? A) $40 and 140. B) $50 and 140. C) $60 and 100. D) $60 and 140. E) The price will be $50 but equilibrium is not possible.
-Refer to the above information to answer this question.If both demand and supply increase by 40 units,what will be the new values of equilibrium price and quantity?


A) $40 and 140.
B) $50 and 140.
C) $60 and 100.
D) $60 and 140.
E) The price will be $50 but equilibrium is not possible.

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