Question: please answer Suppose that you observe that there has been a change to some market. The price has adjusted to the new markets clearing price

please answer

Suppose that you observe that there has been a change to some market. The price has adjusted to the new markets clearing price and as a result the price is nop higher and the quantity is now lower. What could have caused this combination of price and quantity change? O a A contraction of supply O b, A contraction of demand c An expansion of supply O d. An expansion of demand

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