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VashaNatasha [74]
3 years ago
15

If the demand for a good rises by more than the supply of the good falls, then the good’s equilibrium price will __________ and

its equilibrium quantity will __________

Business
1 answer:
mina [271]3 years ago
3 0

Answer:

Rises

Rises

Explanation:

If the demand for a good rises more than the fall in supply, both equilibrium price and quantity would increase.

Refer to the attached image for a graphical explanation.

I hope my answer helps you

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