Economics Mcqs
Q Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect?
  • A A. the equilibrium quantity to rise and the equilibrium price to rise
  • B B. the equilibrium quantity to rise and the equilibrium price to fall
  • C C. the equilibrium quantity to rise and the equilibrium price to remain constant
  • D D. the change in the equilibrium quantity to be ambiguous and the equilibrium price to rise
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