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Question 21

Which of the following will cause a decrease in market equilibrium price and increase in market equilibrium quantity?

  • A.An increase in supply
  • B.An increase in demand
  • C.A decrease in demand
  • D.A decrease in supply
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2017/2018
Question no.
#21
Type
Objective
Previous · Q20Equilibrium in the financial market requires that Next · Q22 A consumer has N100 of income to spend on goods X and Y. The price of good Xis…

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