Examlex
-The letter B in this figure points to
Decrease
A reduction in quantity, size, or intensity of a specific variable or entity.
Quantity Supplied
The quantity of a product or service that suppliers are ready to offer for sale at a certain price during a defined time frame.
Quantity Demanded
Quantity demanded is the total amount of a good or service that consumers are willing and able to purchase at a specific price level, at a given time.
Equilibrium
A state in which market supply and demand balance each other, resulting in stable prices and quantities.
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