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With supply remaining unchanged,a decrease in demand will result in which of the following? A.Decreases both the equilibrium price and quantity B.Increases both the equilibrium
With supply remaining unchanged,a decrease in demand will result in which of the following?
A.Decreases both the equilibrium price and quantity
B.Increases both the equilibrium price and quantity
C.Decreases the equilibrium price and reduces the equilibrium quantity
D.None of the above
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