An increase in demand for a product in a market will result in ?

asked Jun 22, 2021 147k views

4 votes

by Rosco

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6 votes

Answer:

then it leads to higher equilibrium price and higher quantity.

Step-by-step explanation:

Alex Vorona answered Jun 22, 2021

5.3k points

3 votes

Answer:

lower equilibrium price and lower quantity.

Step-by-step explanation:

George Dimitrov answered Jun 26, 2021

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