Which of the Following Is Likely to Result in a Smaller

question 122

Multiple Choice

Which of the following is likely to result in a smaller equilibrium quantity exchanged?

• A)​An increase in both demand and supply.
• B)​A decrease in both demand and supply.
• C)​An increase in demand and a decrease in supply.
• D)​A decrease in demand and an increase in supply.

---

Definitions:

Account Balances

The amounts in financial accounts, representing the net value at a particular point in time after accounting for all debits and credits.

Asset Accounts

These accounts on the balance sheet represent the resources owned or controlled by a business, which provide future economic benefits.

Revenue Accounts

Accounts that track the income generated by a company from its normal business operations, such as sales of goods or services.

Debit Balances

Accounts in a company's ledger that have a positive balance in a debit account or a negative balance in a credit account, typically assets and expenses.