A decrease in the demand for chocolate with no change in supply will create a ________ of

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A decrease in the demand for chocolate with no change in supply will create a ________ of chocolate at today’s price, but gradually the price will ________.

A. Surplus; fall

B. Shortage; fall

C. Surplus; rise

D. Shortage; rise

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 05:37 AM

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A decrease in the demand for chocolate with no change in supply will create a ________ of

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Foundations of Macroeconomics

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