(Solved): Which of the following scenarios would definitely cause the price of good or service to increase? ( ...

Which of the following scenarios would definitely cause the price of good or service to increase? (Check all that apply.) increase in demand; decrease in supply decrease in demand; no change in supply no change in demand; decrease in supply decrease in demand; decrease in supply O increase in demand; increase in supply Ono change in demand; increase in supply decrease in demand; increase in supply increase in demand; no change in supply Question 17 (1 point) Listen Relative to the initial equilibrium, when both demand and supply increase, there will be an indeterminant change in price and an increase in quantity. an increase in price and an indeterminant change in quantity. an indeterminant change in price and a decrease in quantity. a decrease in price and an indeterminant change in quantity. Question 18 (1 point) Listen ? An increase in supply for a particular good can be caused by a decrease in the wages of workers who produce the good a decrease in a subsidy to sellers who produce the good. an increase in the wages of workers who produce the good a new excise tax imposed on sellers of the good.