Question: If the demand for grapes increases simultaneously with an increase in the supply of grapes, we can say that (A) equilibrium quantity rises, but the
If the demand for grapes increases simultaneously with an increase in the supply of grapes, we can say that
(A) equilibrium quantity rises, but the price change is ambiguous.
(B) equilibrium quantity falls, but the price change is ambiguous.
(C) equilibrium quantity rises, and the price rises.
(D) equilibrium quantity falls, and the price falls.
(E) the quantity change is ambiguous, but the equilibrium price rises.
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