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Which of the following reflects an increase in demand while holding supply constant?
 

a) An increase in equilibrium quantity and a decrease in equilibrium price

b) An increase in equilibrium price and a decrease in equilibrium quantity

c) An increase in both equilibrium price and quantity

d) A decrease in both equilibrium price and quantity.

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manhokwe tawanda
manhokwe tawandaLv10
1 Oct 2020

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