Question
If demand and supply both shift to the right (increase), equilibrium price will a. decrease as long as the shift in demand is greater in
If demand and supply both shift to the right (increase), equilibrium price will
| a. | decrease as long as the shift in demand is greater in magnitude that the shift in supply. | |
| b. | increase as long as the shift in demand is greater in magnitude that the shift in supply. | |
| c. | stay unchanged. | |
| d. | increase as long as the shift in supply is greater in magnitude that the shift in demand. |
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E Marketing
Authors: Raymond Frost
7th Edition INTERNATIONAL EDITION
0132953443, 978-0132953443
