Question: Given linear demand curves, if demand and supply increase by identical amounts, then: ANSWER Unselected the equilibrium price increases but the equilibrium quantity falls. Unselected
Given linear demand curves, if demand and supply increase by identical amounts, then: ANSWER Unselected the equilibrium price increases but the equilibrium quantity falls. Unselected the equilibrium price and quantity both increase. Unselected the equilibrium price and quantity do not change. Unselected the equilibrium price stays the same and the equilibrium quantity rises
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