Assume that consumer's income and the number of sellers in the market – McqOptions

MCQOPTIONS

1.	Assume that consumer's income and the number of sellers in the market for good X both falls. Based on this information, we can conclude with certaintty that the equilibrium%!
A.	Price will decrease
B.	Price will increase
C.	Quantity will decrease
D.	Quantity will increase
Answer» D. Quantity will increase

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