Ask a New Question

When demand falls and supply remains the same, equilibrium price _ and equilibrium quantity __.

A) falls, falls
B) rises, rises
C) falls, rises
D) rises, falls

Ask a New Question or answer this question.

Similar Questions

When demand decreases and the (upward sloping) supply curve remains in the same position,Part 2 A. price rises and
1. 1 answer
When supply increases and the (downward-sloping) demand curve remains in the same position,Part 2 A. price rises and
1. 1 answer
For the pair of supply-and-demand equations, where x represents the quantity demanded in units of 1,000 and p is the unit price
1. 2 answers
For the pair of supply-and-demand equations, where x represents the quantity demanded in units of 1,000 and p is the unit price
1. 0 answers

more similar questions