Demand causes equilibrium price to-equilibrium quantity

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Reference no: EM13862019

According to the Huffington Post on September 19, 2012,“Demand for the new Apple Inc iphone 5 has been incredible,' AT&T Inc Chief Executive Randall Stephenson said on Wednesday." The increase in demand causes equilibrium price to _ and equilibrium quantity to _ .

A. increase; increase

B. increase; decrease

C. decrease; increase

D. decrease; decrease

Reference no: EM13862019

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