Question 0

Which of the following changes in equilibrium price and quantity is as a result of an upward shift in the market demand for a commodity?

  • A.Both the price and the quantity fall
  • B.The price rise and the quantity falls
  • C.The price falls and the quantity rises
  • D.Both the price and the quantity rise
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1988
Question no.
#0
Type
Objective

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