Answers 26-27 Small Business Entrepreneurship A EquilibriumQuestion 1

1

QuizMultiple Choice

Equilibrium

Question 1 • 26-27 Small Business Entrepreneurship A

There will be a higher equilibrium price and quantity if _____.

Answer

A

supply increases and demand stays the same

B

supply increases and demand increases

C

supply increases and demand decreases

D

demand increases and supply stays the same

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