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What will be the effect on equilibrium price and quantity when increase in
Economics
Market Mechanism: Equilibrium Price and Quantity in a Competitive Market
Question
Updated
19 Aug 2026
What will be the effect on equilibrium price and quantity when increase in demand is equal to increase in supply?
A
Choose Your Answer
A
Equilibrium price will increase
B
Equilibrium quantity will fall
C
Equilibrium price will fall
D
Price will remain unchanged, but equilibrium quantity will increase
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