A. the equilibrium price and quantity will increase
B. only the price will increase
C. only the quantity will increase
D. the price will remain constant
Correct Answer:
Option B – only the price will increase
A. the equilibrium price and quantity will increase
B. only the price will increase
C. only the quantity will increase
D. the price will remain constant
Correct Answer:
Option B – only the price will increase
Copyright warnings! Do not copy.