If equilibrium price increases while equilibrium quantity decreases, then we know that:

a. market demand has increased.
b. market supply has increased.
c. market demand has decreased.
d. market supply has decreased.

Question

Skylerhenderson1203idn Skylerhenderson1203idn

26-06-2024
Business

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If equilibrium price increases while equilibrium quantity decreases, then we know that:

a. market demand has increased.
b. market supply has increased.
c. market demand has decreased.
d. market supply has decreased.

Sagot :

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