Business, 11.02.2020 05:02 phy75

If the demand and supply curves increase (shift outward) by identical proportions then A. equilibrium price and quantity do not change. B. equilibrium price and quantity both increase. C. equilibrium price increases but quantity falls. D. equilibrium price stays the same and quantity rises. What if the increase in demand were larger than the increase in supply? A. The equilibrium price and quantity decrease. B. The equilibrium price and quantity increase. C. The equilibrium price increases and the quantity decreases. D. The equilibrium price decreases and the quantity increases.

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