How would the equilibrium price in a market be affected if there were a n large decrease

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How would the equilibrium price in a market be affected if there were a n large decrease in demand and a small decrease in supply?

A. The n equilibrium price would remain the same.

B. The equilibrium price n decreases.

C. The equilibrium price increases.

D. More information is n needed. It may increase, decrease, or remain the same.

Related Book For answer-question

Accounting Introduction To Financial Accounting

ISBN: 9781517089719

1st Edition

Authors: Henry Dauderis, David Annand

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Posted Date: Sep 21, 2022 02:38 AM

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How would the equilibrium price in a market be affected if there were a n large decrease

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B The equilibrium price n decreases A decrease in demand and a decrease in supply ... View the full answer

Accounting Introduction To Financial Accounting

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