Homework answers / question archive / If the supply curve and the demand curve for lettuce both shift to the left but supply curve shifts by a larger amount than the demand curve, what can we say about the resulting changes in price and quantity? A) The price will increase, but the quantity will decrease

If the supply curve and the demand curve for lettuce both shift to the left but supply curve shifts by a larger amount than the demand curve, what can we say about the resulting changes in price and quantity? A) The price will increase, but the quantity will decrease

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If the supply curve and the demand curve for lettuce both shift to the left but supply curve shifts by a larger amount than the demand curve, what can we say about the resulting changes in price and quantity?
A) The price will increase, but the quantity will decrease.
B) The price will stay the same, but the quantity will increase.
C) The price will decrease, and the quantity will increase.
D) The price will increase, and the quantity will increase.