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There is an increase in the number of buyers of good X. As a result, the _____________ curve for good X will shift ____________ resulting in a(n) _____________ in the equilibrium price of X and a(n) ____________ in the equilibrium quantity of X.

A) supply; rightward; decrease; increase.

B) demand; leftward; decrease; decrease

C) demand; rightward; increase; increase

D) supply; leftward; increase; decrease

E) supply; leftward; increase; increase

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92000142

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