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Economics

What happens to the equilibrium price and quantity in a competitive market under following conditions?

a) DD shifts to the right and SS remains unchanged.

b) DD shifts to the right and SS shifts to the left.

c) Both DD and SS shift to the right.

d) SS is perfectly inelastic and DD shifts to the left.

e) DD is perfectly elastic and SS shifts to the right.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91720430

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