Fixing price above equilibrium will cause

a

demand and supply to remain constant

b

an increase in quantity supplied

c

an increase in supply

d

a decrease in quantity supplied

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Explanation

Correct Option
b

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Discussions (4)

Myschool Kelly
10 years ago

Correction has been made. Thanks for your contributions.

herioluwhar
10 years ago

i agree with you..........d correct answer should be increase in quantity suppleid

moses eligina
10 years ago

increase in quantity suplied, plz admin make changes

Mubyzz
10 years ago

This is wrong bcos an increase in equilibrium price without a corresponding increase in demand will lead to excess supply which is definitely INCREASE IN QUANTITY SUPPLIED.

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