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The demand for a good decreases by 10% and the supply of the good decreases by 8%

Economics

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The demand for a good decreases by 10% and the supply of the good decreases by 8%. The price of the good .......because ........

A. Falls; when the demand decreases or the supply decreases price falls.

B. Falls; demand creases by more than supply and when the demand decreases prices falls.

C. Rises; when the demand decreases or the supply decreases the price rises.

D. Rises; demand decreases by more than the supply and when the demand decreases prices falls.

E. Either rises or falls; demand decreases and supply decreases.