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Market Equilibrium — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMarket Equilibrium1 Mark
MCQ
An increase in supply with demand remaining the same bring about $.........$
  • ✓
    an increase in equilibrium quantity and decrease in equilibrium price.
  • B
    an increase in equilibrium price and decrease in equilibrium quantity.
  • C
    decrease in both equilibrium price and quantity.
  • D
    none of the above.
✓

Answer

Correct option: A.
an increase in equilibrium quantity and decrease in equilibrium price.

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