G.M. Cuts Production for Quarter

General Motors cut itsfourth-quarter production schedule by 10 percent because FordMotor, Chrysler, and Toyota sales declined in August.

Explain whether this news clip illustrates a change in the supply of cars or a change in the quantity supplied of cars.

This news clip illustrates a decrease in______ and______ in the market for cars.

A.

demand; a decrease in the quantity supplied

B.

supply; no change in demand

C.

demand; a decrease in supply

D.

supply; a decrease in the quantity demanded