A rise in supply and demand in equal proportion will result in

Question

Options:

A . Increase in equilibrium price and 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

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Question 1. Zubair has a special taste for college canteen's hotdogs. The owner of the canteen doubles the prices of hotdogs. Zubair....the same quantity of hotdogs. His demand for hotdogs is

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