https://www.geekmcq.com/
CSS Solved Papers
Physics Chemistry

CSS :: Market Equilibrium


  A rise in supply and demand in equal proportion will result in:
[A]. Increase in equilibrium price and decrease in equilibrium quantity[B]. Decrease in equilibrium price and increase in equilibrium quantity
[C]. No change in equilibrium price and increase in equilibrium quantity[D]. Increase in equilibrium price and no change in equilibrium quantity

Answer: Option C


Write your comments here:
Name *:     Email:

© 2012-2024 by GeekMCQ™ Technologies. All Rights Reserved | Copyright | Terms of Use & Privacy Policy | Referals

Contact us: info@geekmcq.com