What is the proper sequence of events when advertising is successful? Answer A.
ID: 1239409 • Letter: W
Question
What is the proper sequence of events when advertising is successful? Answer A. demand increases, equilibrium price rises, quantity supplied rises. B. supply increases, equilibrium price falls, quantity demanded rises. C. demand decreases, equilibrium price falls, quantity supplied drops. D. demand increases, equilibrium price falls, quantity supplied falls.Will rate w/ explanation
What is the proper sequence of events when advertising is successful? demand increases, equilibrium price rises, quantity supplied rises. supply increases, equilibrium price falls, quantity demanded rises. demand decreases, equilibrium price falls, quantity supplied drops. demand increases, equilibrium price falls, quantity supplied falls.
Will rate w/ explanation
A. demand increases, equilibrium price rises, quantity supplied rises. B. supply increases, equilibrium price falls, quantity demanded rises. C. demand decreases, equilibrium price falls, quantity supplied drops. D. demand increases, equilibrium price falls, quantity supplied falls.
Will rate w/ explanation
Explanation / Answer
A. demand increases, equilibrium price rises, quantity supplied rises. They need to make more, things eventually even out, and then they make more of the product. Hope this helps, best of luck.