Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

An increase in market supply, demand remaining the same causes:

Question:

An increase in market supply, demand remaining the same causes:

A.

Increase in equilibrium price

B.

Decrease in equilibrium quantity

C.

Decrease in equilibrium price and increase in equilibrium quantity

D.

Both equilibrium price and quantity rises

Answer» c. Decrease in equilibrium price and increase in equilibrium quantity

Note: The above multiple-choice question is for all general and Competitive Exams in India