Question
A rise in supply and demand in equal proportion will result in:
Answer: Option C
:
C
A rise in supply and demand in equal proportion will result in no change in equilibrium price and increase in equilibrium quantity, becuase the market forces will balance themselves.
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:
C
A rise in supply and demand in equal proportion will result in no change in equilibrium price and increase in equilibrium quantity, becuase the market forces will balance themselves.
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