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  3. Study Set
    Managerial Economics
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    Exam 2: Market Forces: Demand and Supply
  5. Question
    Suppose Both Supply and Demand Increase
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Suppose Both Supply and Demand Increase

Question 106

Question 106

Multiple Choice

Suppose both supply and demand increase.What effect will this have on the equilibrium quantity?


A) it will fall.
B) it will rise.
C) it may rise or fall.
D) it will remain the same.

Correct Answer:

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