question archive If both supply and demand decrease by the same amount, the equilibrium price: A
If both supply and demand decrease by the same amount, the equilibrium price: A
Subject:MarketingPrice:2.88 Bought3
If both supply and demand decrease by the same amount, the equilibrium price:
A. falls
B. rises
C. cannot be predicted
D. does not change
E. None of the answers is correct because the price depends on what happens to the equilibrium quantity.
Option 1
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