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Mrrafil [7]
3 years ago
11

If demand increases and supply stays the same, there will be a _____. Lower equilibrium price and quantity lower equilibrium pri

ce and higher quantity higher equilibrium price and quantity higher equilibrium price and lower quantity
Business
2 answers:
BlackZzzverrR [31]3 years ago
7 0

Answer:

higher equilibrium price and lower quantity

Explanation:

EDGE 2021 :)

lozanna [386]3 years ago
6 0

Answer:

Higher equilibrium price and lower quantity

Explanation:

If demands increases and the supply remains same then the equilibrium price of the quantity increases decreases the equilibirium quantity due to high demand of quantity.

Therefore, Correct option is (d) i.e., higher equilibrium price and lower quantity

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