200k views
3 votes
An increase in Demand will ____ in both the Short-Run Macroeconomic and the standard Supply-Demand Model. A. Increase quantity and leave the price unchanged B. Increase quantity and increase price C. Increase price and leave the quantity unchanged

1 Answer

6 votes

An increase in Demand will ____ in both the Short-Run Macroeconomic and the standard Supply-Demand Model.

A. Increase quantity and leave the price unchanged

B. Increase quantity and increase price

C. Increase price and leave the quantity unchanged

User Prosti
by
4.6k points