If the price of a chocolate bar is $2.50, how does the market move to its equilibrium? As the market moves to its equilibrium, the price of a chocolate bar ________. A. rises, and the quantity demanded and quantity supplied both decrease B. rises, the quantity demanded decreases, and the quantity supplied increases C. falls, and the quantity demanded and quantity supplied both increase D. falls, the quantity demanded increases, and the quantity supplied decreases

If the price of a chocolate bar is $2.50, how does the market move to its equilibrium? As the market moves to its equilibrium, the price of a chocolate bar ________. A. rises, and the quantity demanded and quantity supplied both decrease B. rises, the quantity demanded decreases, and the quantity supplied increases C. falls, and the quantity demanded and quantity supplied both increase D. falls, the quantity demanded increases, and the quantity supplied decreases

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter3: Market Demand And Supply

Section: Chapter Questions

Problem 22SQ

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