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

---

Definitions:

Personality Development

The gradual formation and evolution of an individual's character and behavioral traits over time.

Climate

The long-term pattern of weather in a particular area, including temperature, precipitation, and other atmospheric conditions.

Identity Politics

A political approach focusing on the interests and perspectives of social groups with which people identify.