Business, 21.01.2020 23:31 lemmeboiz43

Suppose there is an increase in demand in a market and no change in the supply. what will happen to the market equilibrium price and quantity?
a. equilibrium price will rise; equilibrium quantity will fall
b. equilibrium price will fall; equilibrium quantity will fall
c. equilibrium price will fall; equilibrium quantity will rise
d. equilibrium price will rise; equilibrium quantity will rise

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Suppose there is an increase in demand in a market and no change in the supply. what will happen to...

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