1
answer
1
watching
711
views

Equilibrium price must decrease when demand:

a. increases and supply does not change, when demand does not change and supply decreases, and when demand decreases and supply increases simultaneously.

b.increases and supply does not change, when demand does not change and supply decreases, and when demand increases and supply decreases simultaneously.

c.decreases and supply does not change, when demand does not change and supply increases, and when demand decreases and supply increases simultaneously.

d.decreases and supply does not change, when demand does not change and supply increases, and when demand increases and supply decreases simultaneously

For unlimited access to Homework Help, a Homework+ subscription is required.

Ronaldo Mendoza
Ronaldo MendozaLv10
2 Sep 2020

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Start filling in the gaps now
Log in