If the demand curve stays the same while supplyincreases: a. Equilib price will
ID: 1237647 • Letter: I
Question
If the demand curve stays the same while supplyincreases: a. Equilib price will increase and equilb quanitity willdecrease b. Equilb. price will decrease and equilb. quanitity willincrease c. both equalib. price and equlib. will decrease d. both quilib price and quantity will increase If the demand curve stays the same while supplyincreases: a. Equilib price will increase and equilb quanitity willdecrease b. Equilb. price will decrease and equilb. quanitity willincrease c. both equalib. price and equlib. will decrease d. both quilib price and quantity will increaseExplanation / Answer
the answer is B because when supply increase the supply curveshifts out and the quantity increases while the pricedecreases.
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