What will an increase in demand result do in he market for chocolate - ProProfs Discuss
Topics
Products
Follow Us:

What will an increase in demand result do in he market for chocolate chip cookies?



A. A decrease in both price and quantity
B. An increase in both price and quantity
C. An increase in price and a decrease in quantity
D. A decrease in price and an increase in quantity

This question is part of Microeconomics Exam #1
Asked by Wlkg, Last updated: Jan 19, 2020

+ Answer
Request

2 Answers

John Adney

John Adney

Answered Jul 12, 2017

D because in question demand is increase and drmand is increase when price is low

 

John Smith

John Smith

Answered Nov 29, 2016

An increase in both price and quantity
 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.