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Homework answers / question archive / When demand and supply both decrease, equilibrium price will _____ and equilibrium quantity will _____

When demand and supply both decrease, equilibrium price will _____ and equilibrium quantity will _____

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When demand and supply both decrease, equilibrium price will _____ and equilibrium quantity will _____.

A. increase; decrease

B. decrease; decrease

C. remain the same; decrease

D. any of these answers are possible

Option 1

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