11. Where will be the shift of demand curve if intensity of the desire for the produc rises? a. right b. left c. not shift 13. What is likely to happen to equilibrium quantity if demand curve shifts to the right and while supply curve shifts to the left? a. increases b. the same c. decreases 17. What is likely to happen to equilibrium quantity if demand curve shifts to the left and while supply curve shifts to the right? a.increases b. decreases
11. Where will be the shift of demand curve if intensity of the desire for the produc rises? a. right b. left c. not shift 13. What is likely to happen to equilibrium quantity if demand curve shifts to the right and while supply curve shifts to the left? a. increases b. the same c. decreases 17. What is likely to happen to equilibrium quantity if demand curve shifts to the left and while supply curve shifts to the right? a.increases b. decreases
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
Problem 3QR
Related questions
Question
11. Where will be the shift of
a. right
b. left
c. not shift
13. What is likely to happen to
a. increases
b. the same
c. decreases
17. What is likely to happen to equilibrium quantity if demand curve shifts to the left and while supply curve shifts to the right?
a.increases
b. decreases
c.constant
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