MCQOPTIONS
Saved Bookmarks
| 1. |
What effect will a decrease in demand and an increase in supply have on equilibrium price? |
| A. | Equilibrium price will fall |
| B. | Equilibrium price will be constant |
| C. | Equilibrium price will rise |
| D. | Sometimes price will rise and sometimes it will fall |
| Answer» B. Equilibrium price will be constant | |