Question 0Question image

Above the equilibrium point, a further rise in price tends to

  • A.increase demand and restrict supply
  • B.restrict demand and decrease supply
  • C.increase demand and decrease supply
  • D.decrease demand and increase supply
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1994
Question no.
#0
Type
Objective

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