Market price of eggs rises

Question

If the market price of eggs rises at the same time as the market quantity of eggs purchased decreases, this could have been caused by

a) an increase in demand with no change in supply.

b) a decrease in supply with no change in demand.

c) an increase in supply and an increase in demand.

d) an increase in supply and a decrease in demand.

Posted Date: 2/5/2014 11:23:22 PM | Location : United Kingdom(UK)

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