![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
A fall in the market demand, supply remaining the same results in |
A. | Increase in equilibrium price |
B. | Increase in equilibrium quantity |
C. | Increase in equilibrium price and decrease in equilibrium quantity |
D. | Both equilibrium price and quantity falls |
Answer» D. Both equilibrium price and quantity falls |
View all MCQs in
Basics of Economics StudiesNo comments yet