An increase in demand without a corresponding change in supply will lead to

  • A a decrease in equilirium price and increase in equilibrium quantity
  • B an increase in equilibrium price and quantity
  • C a decrease in equilibrium price and quantity
  • D an increase in equilibrium price and a decrease in equilibrium quantity

The correct answer is D. an increase in equilibrium price and a decrease in equilibrium quantity

An increase in demand without a corresponding increase in supply will lead to a rise in price and a decrease in the quantity available for sale.

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