Consider a perfectly competitive market with typical demand and supply curves.If both demand and supply increase, then
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Question:
Consider a perfectly competitive market with typical demand and supply curves.If both demand and supply increase, then equilibrium
Group of answer choices
A.price must stay the same.
B.quantity and price would both be indeterminate.
C.quantity would rise and price would be indeterminate.
D.quantity would be indeterminate and price would rise.
E.quantity would fall and price would rise.
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