equilibrium, the Group of answer choices: Prices have increased and demand decreased none of the above Price and quantity create market shortages Quantity supplied equals quantity demanded Price and quantity are inversely related to supply
equilibrium, the Group of answer choices: Prices have increased and demand decreased none of the above Price and quantity create market shortages Quantity supplied equals quantity demanded Price and quantity are inversely related to supply
Chapter4: Markets In Action
Section: Chapter Questions
Problem 2SQ
Related questions
Question
At equilibrium, the
Group of answer choices:
Prices have increased and demand decreased
none of the above
Price and quantity create market shortages
Quantity supplied equals quantity demanded
Price and quantity are inversely related to supply
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