If a rise in supply exceeds a rise in demand, then we should expect

Question

Options:

A . the equilibrium price and quantity levels will rise.

B . the equilibrium price will rise while the equilibrium quantity will decline.

C . the equilibrium price will fall while the equilibrium quantity will rise

D . the equilibrium price and quantity levels will decline

Answer: Option C
:
C
The equilibrium price will fall while the equilibrium quantity will rise.

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