Identify what happens to equilibrium price and quantity in each of the following cases a. Demand rises and supply is constant  b. Demand falls and supply is constsnt c. supply rises and demand is constant

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter5: Markets In Motion And Price Controls
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Identify what happens to equilibrium price and quantity in each of the following cases

a. Demand rises and supply is constant 

b. Demand falls and supply is constsnt

c. supply rises and demand is constant

d. supply falls and demand is constant

e. Demand rises by the same amount that supply falls

f. demand falls by the same amount that supply rises

g Demand falls less than supply rises

h. demand rises more than supply rises

i. demand rises less than supply rises

j. demand falls more than supply falls

k. demand falls less than supply falls

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