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If Demand Is Downward Sloping,a Decrease in Supply with No

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If demand is downward sloping,a decrease in supply with no change in demand will lead to a(n) _____ in equilibrium quantity and a(n) _____ in equilibrium price.


Definitions:

Eutrophication

A process where water bodies become enriched with nutrients, leading to excessive plant growth and oxygen depletion.

Aquatic Ecosystem

A water-based environment which includes both marine and freshwater habitats, supporting a diverse range of life forms.

Nutrient Concentrations

The quantities of essential chemical elements or compounds, like nitrogen and phosphorus, available in an environment, crucial for the growth of organisms.

Algae Blooms

A rapid increase or accumulation in the population of algae in an aquatic system, often resulting in a visible discoloration of the water.

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