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7. A decrease in supply will result in which of the following? A. Demand changes. B. Supply changes. C. Both demand and supply change. D. Either demand or supply change (or both).
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15 votes
15 votes
7. A decrease in supply will result in which of the following?

A. Demand changes.
B. Supply changes.
C. Both demand and supply change.
D. Either demand or supply change (or both).

User WHITECOLOR
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2.9k points

2 Answers

17 votes
17 votes

Answer:

It can be both of the demand and supply change.

User Ebb
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14 votes
14 votes

Step-by-step explanation:

C. Both demand and supply change

User Charter
by
3.2k points
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