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Question Practice

When supply increases and demand decreases simultaneously, what happens to the equilibrium quantity?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Market Equilibrium
Question Bank

When supply increases and dema...

Single Answer MCQ
Q-00089641

When supply increases and demand decreases simultaneously, what happens to the equilibrium quantity?

1

It will increase

2

It will decrease

3

It will potentially stay the same

4

It cannot be determined

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Keep Practising

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Q1.

What is market equilibrium?

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Q2.

When does excess demand occur in a market?

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Q3.

What occurs at a price above the equilibrium price?

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Q4.

What is the equilibrium price in a perfectly competitive market?

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