Assuming a downward sloping demand curve and upward sloping supply curve a higher equilibrium price may be caused by ?

A. An fall in demand

B. improvements in production technology

C. An increase in supply

D. An increase in demand

Found an error? Read our corrections policy and report it in the comments below.

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.