13. In a supply and demand diagram, if demand increases (the demand curve shifts to the right),...
Question:
13. In a supply and demand diagram, if demand increases (the demand curve shifts to the right),
a. the equilibrium price rises
b. the equilibrium price falls
c. the change in the equilibrium price is ambiguous
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Agricultural Marketing And Price Analysis
ISBN: 9781478646907
1st Edition
Authors: F. Bailey Norwood
Question Posted: