MCQOPTIONS
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MCQOPTIONS
| 1. |
A rise in supply and demand in equal proportion will result in |
| A. | ncrease in equilibrium price and equilibrium quantity |
| B. | ecrease in equilibrium price and increase in equilibrium quantity |
| C. | o change in equilibrium price and increase in equilibrium quantity |
| D. | ncrease in equilibrium price and no change in equilibrium quantity |
| Answer» D. ncrease in equilibrium price and no change in equilibrium quantity | |