Some experts have suggested that of the total electricity consumed in the United States, 8 percent is used up by the internet. Thus an increased demand by consumers to surf the internet will ______ the equilibrum price of electricity and ______ the equilibrium quantity of electricity.

A not change increase 

B raise increase 

C lower decrease 

D raise decrease 

E lower increase

Answer rating: 100% (QA)

Answer The correct option is B raise increase Hence Some experts ha... View the full answer