Which of the following will cause a decrease in market equilibrium price and an increase in equilibrium quantity?
A. an increase in supply.
B. an increase in demand.
C. a decrease in supply.
D. a decrease in demand.
Answer: A
Which of the following will cause a decrease in market equilibrium price and an increase in equilibrium quantity?
A. an increase in supply.
B. an increase in demand.
C. a decrease in supply.
D. a decrease in demand.
Answer: A