MCQs > Economics & Development > Microeconomics > All other things being equal, an increase in supply results in a(n) _____

Microeconomics MCQs

All other things being equal, an increase in supply results in a(n) _____

Answer

Correct Answer: Increase in equilibrium quantity and a decrease in equilibrium price

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Microeconomics Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it

search

Microeconomics Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it