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Market for a good is in equilibrium. An increase in demand for the good willa)Lower the priceb)Raise the pricec)Only quantity exchanged is affectedd)None of TheseCorrect answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Market for a good is in equilibrium. An increase in demand for the good willa)Lower the priceb)Raise the pricec)Only quantity exchanged is affectedd)None of TheseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Market for a good is in equilibrium. An increase in demand for the good willa)Lower the priceb)Raise the pricec)Only quantity exchanged is affectedd)None of TheseCorrect answer is option 'A'. Can you explain this answer?.

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