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  • 02-03-2020
  • Business
contestada

Suppose that for a given good demand increases and supply decreases at the same time. If demand increases by a lesser amount than supply decreases, then equilibrium price __________ and equilibrium quantity __________ for that good.

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parisoezekielmonday
parisoezekielmonday parisoezekielmonday
  • 04-03-2020

Explanation:

The equilibrium will be higher while the quantity wii be lower for the goods

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