Register
Which of the following reflects an increase in demand, while holding supply constant? a. A decrease in both equilibrium price and quantity b. An increase in equilibrium price and a decrease in equilibrium
85.8k views
1 vote
Which of the following reflects an increase in demand, while holding supply constant?

a. A decrease in both equilibrium price and quantity
b. An increase in equilibrium price and a decrease in equilibrium quantity
c. An increase in both equilibrium rice and quantity
d. An increase in equilibrium quantity and a decrease in equilibrium price

User DMack
by
8.0k points

1 Answer

3 votes

Answer: C. An increase in both price and quantity

Step-by-step explanation:

User Chris Yim
by
7.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.3m questions

12.1m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!