Which of the following will definitely occur when there is a simultaneous increase in demand an increase in supply?

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DR APJ ABDUL KALAM TECHNICAL UNIVERSITY

We don’t have your requested question, but here is a suggested video that might help.

'If the price of a good is above equilibrium price then; (a) There is a surplus and the price will rise_ There is a surplus and the price will fall There is shortage and the price will fall (d) The quantity demanded is equal to the quantity supplied and the price remains unchanged'

29) Which of the following will definitely occur when there is a simultaneous decrease in demandand a decrease in supply?A) an increase in equilibrium priceB) a decrease in equilibrium priceC) an increase in equilibrium quantityD) a decrease in equilibrium quantityAnswer: DDiff: 3

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