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A Shift Of The Demand Curve To The Right When The Supply Curve Remains Constant, Implies That? - Erudites Academy

A shift of the demand curve to the right when the supply curve remains constant, implies that?

by | Aug 8 | Economics WAEC | 0 comments

A. both price and quantity demanded will increase
B. only price increases
C. both price and quantity demanded will decrease
D. the price remains constant
E. the price falls

Correct Answer:

Option A – both price and quantity demanded will increase

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