If equilibrium price rises but equilibrium quantity remains unchanged, the cause is _____________.

Supply and demand both increase equally

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Supply and demand both decrease equally

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Supply decreases and demand increases

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Supply increases and demand decreases

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Solution

The correct option is B Supply decreases and demand increases
If equilibrium price rises but equilibrium quantity remains unchanged, the cause is supply decreases and demand increases.

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If equilibrium price rises but equilibrium quantity remains unchanged, the cause is _____________.

The correct option is B Supply decreases and demand increasesIf equilibrium price rises but equilibrium quantity remains unchanged, the cause is supply decreases and demand increases.

The correct option is B Supply decreases and demand increases
If equilibrium price rises but equilibrium quantity remains unchanged, the cause is supply decreases and demand increases.