An increase in demand without a corresponding change in s...
An increase in demand without a corresponding change in supply will lead to
A decrease in equilirium price and increase in equilibrium quantity
An increase in equilibrium price and quantity
A decrease in equilibrium price and quantity
An increase in equilibrium price and a decrease in equilibrium quantity
Correct answer is D
An increase in demand without a corresponding increase in supply will lead to a rise in price and a decrease in the quantity available for sale.
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