Suppose the demand for corn increases while at the same time the supply of corn also increases. As a result, the equilibrium pri

Question

4 years ago

13

ce of corn __________ and the equilibrium quantity of corn __________.

1 answer:

kvv77 [185] · Answer 1 · 2021-11-16T00:45:48+03:00

4 0

Answer:

Rise, fall, or remain unchanged and equilibrium quantity of corn will increase.

Explanation:

In this case, the equilibrium price of corn might RISE, FALL, or NOT CHANGE while the equilibrium quantity of corn increases.