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Question 0

A downward sloping demand curve intersect a fixed supply curve, A shift of this demand curve to the right implies that?

  • A.both price and quantity will increased
  • B.only price increases
  • C.only quantity increases
  • D.the price remains constant
  • E.the price falls
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1983
Question no.
#0
Type
Objective
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