Suppose Demand Decreases and Supply Decreases

question 132

Multiple Choice

Suppose demand decreases and supply decreases.Which of the following will happen?

• A)equilibrium price will increase
• B)equilibrium price will decrease
• C)equilibrium quantity will increase
• D)equilibrium quantity will decrease
• E)neither the equilibrium price nor the quantity will change

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Definitions:

Secure Data Communication

The practice of transferring data between two or more devices or networks in a manner that ensures confidentiality, integrity, and availability.

VPN

Virtual Private Network, a technology that creates a safe and encrypted connection over a less secure network, such as the internet.

DLP

Stands for Digital Light Processing, a technology used in projectors and video displays, or Data Loss Prevention, measures to prevent data breaches.

Security Policy

One or more documents that provide rules and guidelines related to computer and network security.