Increase in demand causes equilibrium price and quantity

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Which of the following statements is false?

A) An increase in demand causes equilibrium price and quantity to rise.

B) A decrease in demand causes equilibrium price and quantity to fall.

C) An increase in supply causes equilibrium price to fall and quantity to rise.

D) A decrease in supply causes equilibrium price to rise and quantity to rise.

Reference no: EM131101532

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