Question: A decrease in demand while supply remains unchanged will lead to ______. a) an increase in equilibrium price and equilibrium quantity b) a decrease in

A decrease in demand while supply remains unchanged will lead to ______.

a) an increase in equilibrium price and equilibrium quantity

b) a decrease in equilibrium price and equilibrium quantity

c) an increase in equilibrium price and a decrease in equilibrium quantity

d) a decrease in equilibrium price and an increase in equilibrium quantity

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ANSWER The correct answer is c an increase in equilibrium price and a decr... View full answer

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