A decrease in demand while supply remains unchanged will lead to ______. a) an increase in equilibrium
Question:
A decrease in demand while supply remains unchanged will lead to ______.
a) an increase in equilibrium price and equilibrium quantity
b) a decrease in equilibrium price and equilibrium quantity
c) an increase in equilibrium price and a decrease in equilibrium quantity
d) a decrease in equilibrium price and an increase in equilibrium quantity
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ANSWER The correct answer is c an increase in equilibrium price and a decr...View the full answer
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