Question

If the supply of sugar increases in a market in equilibrium, the equilibrium price will _______ and the equilibrium quantity will _______. 

A Increase; increase
B Decrease; decrease
C Increase; decrease
D Decrease; increase
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)