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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
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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?, a detailed solution 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? has been provided alongside types of 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? theory, EduRev gives you an
ample number of questions to practice 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? tests, examples and also practice CA Foundation tests.