Assume that the market for shower curtains is suffering a shortage. How will the market move to equilibrium?

Select one:

a. Quantity demanded will rise and quantity supplied will fall as price increases.

b. Quantity demanded will fall and quantity supplied will fall as price decreases.

c. Quantity demanded will fall and quantity supplied will rise as price increases.

d. Quantity demanded will rise and quantity supplied will rise as price increases.

e. Quantity demanded will fall and quantity supplied will rise as price decreases.

Answer rating: 100% (QA)

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