Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

In which instance can we observe a rise in the equilibrium price accompanied by a decline in the equilibrium quantity?

 a. If both demand and supply decline, but the decline in demand exceeds the decline in supply. 

 b. If supply declines while demand increases, and the decline in supply exceeds the increase in demand. 

 c. If both demand and supply increase. 

 d. None of the above. 

user-image
Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/05/13
Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

b. If supply declines while demand increases, and the decline in supply exceeds the increase in demand...................................................................

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

C.is correct answer. ......................................

C

---------------------------

Thank you

Bello Abubakar
by Bello Abubakar , Cinema 4D Render/Sketch UP, AutoCAD, ArchiCAD and Revit Specialist , Federal Housing Authority

B.................................................................

husnain tayyab
by husnain tayyab , accountant , Meezan bank ltd

the answer b is correct of this question

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Answer is option _____________________b

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. The correct answer was: b. If supply declines while demand increases, and the decline in supply exceeds the increase in demand.

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

I choose b ..............................................................

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : Option ( B ) ,,,,,,,

Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

Agreed by experts ------------------------------

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.