Multiple Choice
If both the demand curve and the supply curve shift to the right, we can unambiguously conclude that the
A) market clearing price will increase.
B) market clearing price will decrease.
C) equilibrium quantity will increase.
D) equilibrium quantity will decrease.
Correct Answer:

Verified
Correct Answer:
Verified
Q135: Suppose that the current equilibrium price of
Q136: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q137: Prices in a market economy perform a
Q138: If price increases and the quantity purchased
Q139: Price floors in agriculture lead to<br>A) efficient
Q141: If a price ceiling is set above
Q142: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q143: If demand increases while supply simultaneously decreases,
Q144: The price system features<br>A) exchanges made in
Q145: All of the following are examples of