Question: above graph to answer this question. If the demand were to increase by 500 units and the supply were to increase by 200 units, what
above graph to answer this question. If the demand were to increase by 500 units and the supply were to increase by 200 units, what would be the resulting equilibrium price and quantity? Question 9 options: A) $70 and 1,300. B) $70 and 1,000. C) $70 and 900. D) $60 and 1,300. E) $80 and 900. Question 10 (1 point) If an increase in the demand for a product is greater than the increase in the supply, what will be the immediate result? Question 10 options: A) A surplus. B) The price will fall. C) A shortage. D) Cannot be determined
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