jonesz66996 jonesz66996

20-02-2021
Business

contestada

If the supply of a good increased, what would be the effect on the equilibrium price and quantity?

Respuesta :

aliciaumaunika aliciaumaunika

20-02-2021

Answer:

An increase in supply, all other things unchanged, will cause the equilibrium price to fall; quantity demanded will increase. A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.

Answer Link

Otras preguntas

What is the main event that takes place in the first chapter of the wizard of oz?

1. The little mouse runs fast into the big hole because an ugly cat chases him.adjactives

Use elimination to solve the system 4x + 7y = –14 and 8x + 5y = 8 for x. Round to the nearest tenth.

simplify the expression and choose the best choice

Describe three ways in which recycling materialsis important for the sustainable use of resources.

SOMEONE HELP ME PLEASE

A hiker in an isolated area encountered a cross-country skier who had broken her leg. The hiker created a makeshift sled and began pulling the skier to the near

i need the answer nowwwwww!!!!!!!,help me plssss

17. The name of the reaction that produces esters is A. addition. B. anionic initiated polymerization. C. radical initiated polymerization. D. dehydration

Cassie paid 55% of the bill. The remaining $18 was covered by her friend. What was the total bill