8. An increase in demand &a. shifts the demand curve to the left. &b.causes an increase in...

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8. An increase in demand

&a. shifts the demand curve to the left.

&b.causes an increase in equilibrium price.

&c. causes a decrease in equilibrium price.

&d.causes a decrease in equilibrium quantity.

&e. does not affect equilibrium quantity.

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Fundamentals Of Economics

ISBN: 9781133956105,9781285531847

6th Edition

Authors: William Boyes, Michael Melvin

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