Question
A number of consumers and a number of sellers leave a market at the same time. After this, the equilibrium quantity would ____ and the
A number of consumers and a number of sellers leave a market at the same time. After this, the equilibrium quantity would ____ and the equilibrium price would ________.
decrease; increase
decrease; decrease
increase; decrease
increase; be indeterminate
decrease; be indeterminate
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
