In market equilibrium, supply is vertical line. The downward sloping demand curve shifts to the right. Then Options: A . &nbspPrice will fall B . &nbspPrice remains same C . &nbspPrice will rise D . &nbspQuantity rises

In market equilibrium, supply is vertical line. The downward sloping demand curv

Question

In market equilibrium, supply is vertical line. The downward sloping demand curve shifts to the right. Then

Options:

A . Price will fall

B . Price remains same

C . Price will rise

D . Quantity rises

Answer: Option C

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Question 1. In market equilibrium, supply is vertical line. The downward sloping demand curve shifts to the right. Then....

Question 2. If demand is inelastic, a change in the price....

Question 3. Which one of the following pairs of commodities is an example of substitutes?....

Question 4. Which one is the assumption of law of demand....

Question 5. What is the shape of the demand curve faced by a firm under perfect competition?....

Question 6. Ten rupees is the equilibrium price for good X. If government fixes the price at Rs.5, there is....

Question 7. A rise in supply and demand in equal proportion will result in....

Question 8. 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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Question 10. Which is the first-order condition for the profit of a firm to be maximum?....

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