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Sedaia [141]
3 years ago
12

Assume that the demand curve for MP3 players shifts to the right and the supply curve for MP3 players shift to the left, but the

supply curve shifts more than the demand curve. As a result:________
a. both the equilibrium price and quantity of MP3 players will decrease.
b. the equilibrium price of MP3 players will decrease; the equilibrium quantity will increase.
c. the equilibrium price of MP3 players may increase or decrease; the equilibrium quantity will decrease.
d. the equilibrium price of MP3 players will increase; the equilibrium quantity will decrease.
Business
1 answer:
Ratling [72]3 years ago
5 0

Answer:

The correct answer is the option D: the equilibrium price of MP3 players will increase; the equilibrium quantity will decrease.

Explanation:

First of all, the supply and demand curves are the graphical representation of the price and the quantity demanded and supplied respectively in each case. Moreover, in the graphic when both curves are in equilibrim that means that there is a single point in where the price and the quantity are established together for the market. Furthermore, when there is a shift of any curve that point will be changed so when there is a shift in the demand curve to the right the price will increase and the quantity will increase but if there is a shift in the supply change to the left and that shift is greater then the price will increase but the quantity will decrease.

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\boxed{Boil}

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<u><em>Vegetables wilt or soften and their color intensifies as they boil</em></u>.

      When boiling vegetables, the food will be sitting in a pot of water with the heat on low, medium, or hight. Once the water gets warmer, the water will cook the vegetables, causing them to get tender and softer. This will cause the vegetables color to get darker, and go limp.

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3 years ago
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shutvik [7]

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4 years ago
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sattari [20]

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D) AIG

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raketka [301]

Answer:

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Read 2 more answers
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