A Decrease in Demand with No Change in Supply Will

question 126

Multiple Choice

A decrease in demand with no change in supply will lead to _____ in equilibrium quantity and _____ in equilibrium price.

• A)an increase; an increase
• B)an increase; a decrease
• C)a decrease; an increase
• D)a decrease; a decrease

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Definitions:

Cell Phones

Portable electronic devices used for communication, internet browsing, and accessing various applications.

Overweight

A condition characterized by having more body fat than is optimally healthy, often defined by a Body Mass Index (BMI) of 25 or more.

College Students

Individuals enrolled in an institution of higher education, often pursuing degrees ranging from associate to doctoral level.

Healthy Weight

A weight that is considered appropriate for a person's height and age, contributing to overall wellbeing and reduced risk of chronic diseases.