Question

1. 1 If it is observed that, in a particular market, price has risen and quantity exchanged hasincreased, it is
likely that:
(A) supply has increased.
(B) supply has decreased.
f) demand has increased.
(D) demand has decreased.
​

Answer 1

Answer:

D. price would be indeterminate and quantity exchanged would not change. ... If it is observed that, in a particular market, price has risen and quantity exchanged has increased, it is likely that: A. supply has increased.

Explanation:

Answer 2

Answer:

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