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A decrease in demand, with no change in supply, will lead to ________ in equilibrium quantity and ________ in equilibrium price.
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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
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1 Answer

7 votes
7 votes

Blank 1: shortage

Blank 2: increase

User Maurizio Macagno
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