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a. the equilibrium price and quantity levels will rise.
b. the equilibrium price will rise while the equilibrium quantity will decline.
c. The equilibrium price will fall while the equilibrium quantity will rise.
d. the equilibrium price and quantity levels will decline.
the answer c is correct of this question
The answer is : Option ( C )
c. The equilibrium price will fall while the equilibrium quantity will rise.............................................................................................................
c. The equilibrium price will fall while the equilibrium quantity will rise. ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
C....................... ......................................
we should expect C.............................................
option c ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
that's answer C ______________________________________
Answer is option _____________________c
c. The equilibrium price will fall while the equilibrium quantity will rise.