Question: What could be said about equilibrium prices and equilibrium quantities if demand should increase and supply should decrease? A) Price will increase and quantity's movement
What could be said about equilibrium prices and equilibrium quantities if demand should increase and supply should decrease?
A) Price will increase and quantity's movement is uncertain.
B) Price's movement is uncertain and quantity will decrease
C) Price will increase and quantity will decrease.
D) Price will increase and quantity will increase.
E) Price will decrease and quantity will increase.
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