An increase in the demand for a good will cause

an increase in equilibrium price and quantity.

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a decrease in equilibrium price and quantity

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an increase in equilibrium price and a decrease in equilibrium quantity

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a decrease in equilibrium price and an increase in equilibrium quantity.

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Solution

The correct option is A
an increase in equilibrium price and quantity.

An increase in the demand for a good will cause an increase in equilibrium price and quantity.

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Similar questions

An increase in demand leads to a decrease in both the equilibrium price and the equilibrium quantity. A decrease in demand leads to a rise in both the equilibrium price and the equilibrium quantity.

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Q. When the demand decreases and the supply increases, the equilibrium price and the equilibrium quantity .

Q. An increase in demand while supply remains unchanged causes equilibrium price and quantity to ________.

Q. How does an increase in demand for a commodity affect its equilibrium price and equilibrium quantity? Explain with the help of a diagram.

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An increase in the demand for a good will cause

The correct option is A an increase in equilibrium price and quantity. An increase in the demand for a good will cause an increase in equilibrium price and quantity.

The correct option is A
an increase in equilibrium price and quantity.

An increase in the demand for a good will cause an increase in equilibrium price and quantity.