Suppose the market for disinfecting wipes experiences the following event There is an increase in the flu this leason. The effect on equilbrium will be: Decrease in equilibrium price and quantity OIncrease in equilibrium price and quantity Decrease in equilibrium price and increase in equilibrium quantity OIncrease in equilibrium price and decrease in equilbrium quantity

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter3: Supply And Demand: Theory
Section3.3: The Market: Putting Supply And Demand Together
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Suppose the market for disinfecting wipes experiences the following event
There is an increase in the flu this ieason.
The effect on equilbrium will be:
Decrease in equilibrium price and quantity
OIncrease in equilibrlum price and quantity
Decrease in equilibrium price and increase in equilibrium quantity
OIncrease in equilibrium price and decrease in equilbrium quantity
Transcribed Image Text:Suppose the market for disinfecting wipes experiences the following event There is an increase in the flu this ieason. The effect on equilbrium will be: Decrease in equilibrium price and quantity OIncrease in equilibrlum price and quantity Decrease in equilibrium price and increase in equilibrium quantity OIncrease in equilibrium price and decrease in equilbrium quantity
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