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| Q. |
If supply and demand both shift outward, but demand shifts outward more than supply, the equilibrium price |
| A. | will increase and quantity will increase |
| B. | will increase and quantity will decrease |
| C. | will decrease and quantity will decrease |
| D. | will decrease and quantity will increase |
| Answer» A. will increase and quantity will increase | |
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Fundamentals of Economics and ManagementNo comments yet