Question: Question 6 4 A decrease in the equilibrium quantity for a product will result when the quantity demanded for the product exceeds the quantity supplied.
Question
A decrease in the equilibrium quantity for a product will result
when the quantity demanded for the product exceeds the quantity supplied.
B when there is a decrease in supply and a decrease in demand for the product.
when there is an increase in supply and a decrease in demand for the product.
when there is a decrease in demand and an increase in the number of firms producing the product.
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