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29-01-2020
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If the demand for a good rises by more than the supply of the good falls, then the good’s equilibrium price will and its equilibrium quantity will

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ewomazinoade ewomazinoade

30-01-2020

Answer:

Rises

Rises

Explanation:

If the demand for a good rises more than the fall in supply, both equilibrium price and quantity would increase.

Refer to the attached image for a graphical explanation.

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