QUESTION 8 when supply increases, equilibrium price.. .. and equilibrium quantity........ OA. increases, increases. O B. decreases, decreases O C. increases, decreases O D. decreases, increases

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Q8

QUESTION 7
In economics, positive statements are about.
O A. the way things ought to be.
O B. the way things are.
OC. macroeconomics, not microeconomics.
O D. microeconomics, not macroeconomics.
QUESTION 8
when supply increases, equilibrium price.... and equilibrium quantity......
O A. increases, increases.
O B. decreases, decreases
O C increases, decreases
O D. decreases, increases
Transcribed Image Text:QUESTION 7 In economics, positive statements are about. O A. the way things ought to be. O B. the way things are. OC. macroeconomics, not microeconomics. O D. microeconomics, not macroeconomics. QUESTION 8 when supply increases, equilibrium price.... and equilibrium quantity...... O A. increases, increases. O B. decreases, decreases O C increases, decreases O D. decreases, increases
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