A downward sloping demand curve intersect a fixed supply curve, A shift of this ...
Question
A downward sloping demand curve intersect a fixed supply curve, A shift of this demand curve to the right implies that?Options
A)
both price and quantity will increased
B)
only price increases
C)
only quantity increases
D)
the price remains constant
E)
the price falls
Related Lesson: Summing Up Factors That Change Demand | Demand and Supply
The correct answer is A.
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