McqMate
| Q. |
An increase in market demand, supply remaining the same results in: |
| A. | Decrease in equilibrium price |
| B. | Decrease in equilibrium quantity |
| C. | Decrease in equilibrium price and increase in equilibrium quantity |
| D. | Both equilibrium price and quantity rises |
| Answer» D. Both equilibrium price and quantity rises | |
View all MCQs in
Micro Economics 1No comments yet