What will happen to equilibrium price and quantity when the demand curve shifts to the left and the supply curve shifts to the right?

(A) price falls unambiguously but the effect on quantity cannot be determined
(B) both price and quantity falls unambiguously
(C) quantity falls unambiguously but the effect on price cannot be determined
(D) the effect on both price and quantity cannot be determined

»Important Links:

Latest Jobs in PakistanGovt Jobs in PakistanPrivate Jobs in Pakistan
NTS JobsPPSC JobsFPSC Jobs
Teaching JobsNADRA JobsBank Jobs
English McqsGeneral Knowledge McqsPak Studies Mcqs
Current Affairs McqsCurrent Affairs Mcqs PDFCurrent Affairs of Pakistan
Books PDFNotes PDFIslamic Studies Mcqs

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!