Multiple Choice
Which of the following is False?
A) Rightward shift in demand + unchanged supply curve = higher equilibrium price and larger equilibrium quantity
B) Rightward shift in demand + Rightward shift in supply curve = lower equilibrium price and smaller equilibrium quantity
C) Leftward shift in supply + unchanged demand curve = higher equilibrium price and smaller equilibrium quantity
D) Leftward shift in demand + unchanged supply curve = lower equilibrium price and smaller equilibrium quantity
E) Rightward shift in supply + unchanged demand curve = lower equilibrium price and larger equilibrium quantity
Correct Answer:

Verified
Correct Answer:
Verified
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