Suppose That the Equilibrium Price of Pickles Falls,while the Equilibrium

question 94

Multiple Choice

Suppose that the equilibrium price of pickles falls,while the equilibrium quantity rises.The most consistent explanation for these observations is

• A) a decrease in the demand for pickles with no change in supply.
• B) an increase in the demand for pickles with no change in supply.
• C) a decrease in the supply of pickles and a decrease in the demand for pickles.
• D) a decrease in the supply of pickles with no change in demand.
• E) an increase in the supply of pickles with no change in demand.

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