46.9k views
5 votes
Ap econ

I'm not sure about question 3!


If there is an increase in demand for a good, what will happen to the price and quantity??

User WaTeim
by
7.9k points

1 Answer

3 votes
An increase in demand will cause an increase in the equilibrium price and quantity of a good.
User Jon Sakas
by
8.1k points