Business, 26.02.2020 00:36, alexabdercmur
Suppose you are told that the equilibrium price of bananas has increased, while the equilibrium quantity of bananas has fallen. You are also told that either the demand changed or supply changed, but not both. Which of the following must have occurred?
a. demand decreased
b. supply increased
c. demand increased
d. supply decreased
Answers: 1
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Suppose you are told that the equilibrium price of bananas has increased, while the equilibrium quan...
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