Home/ Questions/Q 22012
Next
In Process

Quizzma Latest Questions

In:

If demand has a small increase and supply has a large decrease, what happens to price and quantity?

Quizzma Team

If demand has a small increase and supply has a large decrease, what happens to price and quantity?

  • price goes up and quantity goes down
  • price goes down and quantity goes down
  • price goes up and quantity goes up
  • price goes down and quantity goes up



Share
    Leave an answer

    Leave an answer

    Browse

    1 Answer

    1. Quizzma Team

      price goes up and quantity goes down.

    Related Questions