Examlex
In which of the following situations will both market clearing price and the equilibrium quantity decrease?
Expenditure
The total amount of money spent by individuals, organizations, or governments on goods and services within a specific period.
Concierge Company
A service-oriented business providing personalized services to clients, such as making reservations, arranging travel, and other personal requests.
Everyday Services
Services that are used by consumers on a daily basis, such as transportation, banking, and communications.
Tangible Goods
Physical items that can be seen, touched, and possessed, as opposed to services or digital goods.
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