Multiple Choice
An increase in supply with no change in demand will lead to _____ in equilibrium quantity and _____ in equilibrium price.
A) an increase; an increase
B) an increase; a decrease
C) a decrease; an increase
D) a decrease; a decrease
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q152: Pizza is a normal good.If students' incomes
Q200: A recent news story reported that the
Q205: Good X and good Y are substitutes.
Q207: Which of the following is most likely
Q208: Use the following to answer questions:<br>Figure: Demand
Q211: The market for soybeans is initially in
Q212: If people demand more of product A
Q214: How would each of the following events
Q215: In much of the country, homeowners choose
Q217: Consider the supply curve for cotton shirts.An