Business, 10.07.2019 05:00, livingfamyboys35

Assume a competitive market is in equilibrium. there is an increase in demand, but no change in supply. as a result the equilibrium price and the equilibrium quantity a. falls; increases b. rises; increases c. falls; decreases d. rises; does not change e. falls; does not change

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Assume a competitive market is in equilibrium. there is an increase in demand, but no change in supp...