When equilibrium price rises but equilibrium quantity remains unchanged, the cause is

Question

TuteeHUB · Accepted Answer

upply increases and demand decreases

TuteeHUB · Answer

upply and demand both increase equally

TuteeHUB · Answer

upply and demand both decrease equally

TuteeHUB · Answer

upply decreases and demand increases

1.	When equilibrium price rises but equilibrium quantity remains unchanged, the cause is
A.	upply and demand both increase equally
B.	upply and demand both decrease equally
C.	upply decreases and demand increases
D.	upply increases and demand decreases
Answer» D. upply increases and demand decreases

Discussion