495,300 views
15 votes
15 votes
A decrease in demand, with no change in supply, will lead to ________ in equilibrium quantity and ________ in equilibrium price.

User GlennS
by
2.8k points

1 Answer

7 votes
7 votes

Blank 1: shortage

Blank 2: increase

User Maurizio Macagno
by
2.4k points