Question 19 Shifts in demand O always lead to increases in equilibrium price. O lead to price and quantity to move in the same direction. always lead to increases in equilibrium quantity. O lead to price and quantity to move in opposite directions.

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
Problem 6CQQ
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For question 19, is the shift demand lead to price and quantity to move in the opposite directions?
Question 19
Shifts in demand
O always lead to increases in equilibrium price.
O lead to price and quantity to move in the same direction.
always lead to increases in equilibrium quantity.
O lead to price and quantity to move in opposite directions.
Transcribed Image Text:Question 19 Shifts in demand O always lead to increases in equilibrium price. O lead to price and quantity to move in the same direction. always lead to increases in equilibrium quantity. O lead to price and quantity to move in opposite directions.
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