When Demand Increases and Supply Decreases by the Same Amount,the

question 51

Multiple Choice

When demand increases and supply decreases by the same amount,the equilibrium quantity ________ and the equilibrium price ________.

• A) decreases; rises
• B) decreases; falls
• C) decreases; does not change
• D) decreases; might rise, fall, or not change
• E) does not change; might rise, fall, or not change