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If a rise in supply exceeds a rise in demand, then we should expect
  • a)
    the equilibrium price and quantity levels will rise.
  • b)
    the equilibrium price will rise while the equilibrium quantity will decline.
  • c)
    the equilibrium price will fall while the equilibrium quantity will rise
  • d)
    the equilibrium price and quantity levels will decline
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
If a rise in supply exceeds a rise in demand, then we should expecta)t...
The equilibrium price will fall while the equilibrium quantity will rise.
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If a rise in supply exceeds a rise in demand, then we should expecta)the equilibrium price and quantity levels will rise.b)the equilibrium price will rise while the equilibrium quantity will decline.c)the equilibrium price will fall while the equilibrium quantity will rised)the equilibrium price and quantity levels will declineCorrect answer is option 'C'. Can you explain this answer?
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If a rise in supply exceeds a rise in demand, then we should expecta)the equilibrium price and quantity levels will rise.b)the equilibrium price will rise while the equilibrium quantity will decline.c)the equilibrium price will fall while the equilibrium quantity will rised)the equilibrium price and quantity levels will declineCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about If a rise in supply exceeds a rise in demand, then we should expecta)the equilibrium price and quantity levels will rise.b)the equilibrium price will rise while the equilibrium quantity will decline.c)the equilibrium price will fall while the equilibrium quantity will rised)the equilibrium price and quantity levels will declineCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If a rise in supply exceeds a rise in demand, then we should expecta)the equilibrium price and quantity levels will rise.b)the equilibrium price will rise while the equilibrium quantity will decline.c)the equilibrium price will fall while the equilibrium quantity will rised)the equilibrium price and quantity levels will declineCorrect answer is option 'C'. Can you explain this answer?.
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