Question 26

ork 3 SP21 1 Indicate whether each of the following changes will increase or decrease the equilibrium price and quantity, or whether the effect cannot be predicted. Event Equilibrium price Equilibrium quantity a. Demand increases; supply remains constant. (Click to select) (Click to select) b. Supply increases; demand remains constant. (Click to select) (Click to select) c. Demand decreases; supply remains constant. (Click to select) (Click to select) v d. Supply decreases; demand remains constant. (Click to select) (Click to select) v pped e. Demand increases; supply increases. (Click to select) (Click to select)