Question
If demand and supply both shift to the right (increase), equilibrium price will a. increase as long as the shift in supply is greater in
If demand and supply both shift to the right (increase), equilibrium price will
| a. | increase as long as the shift in supply is greater in magnitude that the shift in demand. | |
| b. | increase as long as the shift in demand is greater in magnitude that the shift in supply. | |
| c. | decrease as long as the shift in demand is greater in magnitude that the shift in supply. | |
| d. | stay unchanged. |
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International Development And The Washington Consensus A Pluralist Perspective
Authors: John Marangos
1st Edition
042953485X, 9780429534850
