If a demand curve that intersects a perfectly inelastic s...
If a demand curve that intersects a perfectly inelastic supply curve shifts rightward, then
The equilibrium price and quantity will increase
Only the price will increase
Only the quantity will increase
The price will remain constant
Correct answer is B
No explanation has been provided for this answer.
Which of the following best describes the concept of opportunity cost? ...
Government fixing of prices below the equilibrium point is aimed at protecting the ...
A factor that has slowed down the rate of industrial development in West Africa is ...
The best channel of distribution of baked bread is through ...
Which of the following are the most liquid assets to a commercial bank? ...
One of the factors affecting change in demand for a commodity is the _______? ...
People who dispose of their assets are expected to pay _____________ ...