If Demand Decreases and Supply Increases,then the

question 81

Multiple Choice

If demand decreases and supply increases,then the

• A)equilibrium quantity increases,but the effect on the equilibrium price is unknown.
• B)equilibrium quantity decreases,but the effect on the equilibrium price is unknown.
• C)equilibrium price falls,but the effect on the equilibrium quantity is unknown.
• D)equilibrium price rises,but the effect on the equilibrium quantity is unknown.
• E)effect on both equilibrium price and quantity is unknown.