A rise in supply and demand in equal proportion will result in:

Related MCQs

• Under __________________, price is determined by the interaction of total demand and total supply in the market.
• In market equilibrium, supply is vertical line. The downward sloping demand curve shifts to the rights. Then,
• If capital is available in large proportion and labour is less, then that economy is known as
• If interest rates rise, the present value of any future earnings is bound to:
• According to Heckscher-Ohlin theory as a result of international trade, the difference in factor price between nations
• The marginal condition for a Pareto-optimal allocation of factors requires that the ________ between labour and capital be equal for all commodities produced by different firms.
• Demand for factor of production is
• The producer’s demand for a factor of production is governed by the ___ of that factor.
• The relation that the law of demand for factor defines is.
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