1 if demand decreases and supply increases simultaneously, Ask an Expert

Economics

1. If demand decreases and supply increases simultaneously then for sure

a. Prices will increase

b. Prices will decrease

c. Quantities will increase

d. Quantities will decrease

e. None of the above

2. Which of the following will increase the demand for chicken?

a. An increase in the price of red meats

b. A decrease in the price of red meats

c. An increase in the price of chicken

d. A decrease in the price of chicken

e. None of the above

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91708734

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