When demand decreases and the (upward sloping) supply curve remains in the same position,
A. price falls and equilibrium quantity rises.
B. price rises and equilibrium quantity rises.
C. price falls and equilibrium quantity falls.
D. price rises and equilibrium quantity falls.

Question

When demand decreases and the (upward sloping) supply curve remains in the same position,
A. price falls and equilibrium quantity rises.
B. price rises and equilibrium quantity rises.
C. price falls and equilibrium quantity falls.
D. price rises and equilibrium quantity falls.

When demand decreases and the (upward sloping) supply curve remains in the same position,

A. price falls and equilibrium quantity rises.

B. price rises and equilibrium quantity rises.

C. price falls and equilibrium quantity falls.

D. price rises and equilibrium quantity falls.

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When demand decreases and the (upward sloping) supply curve remains in the same position, A. price falls and equilibrium quantity rises. B. price rises and equilibrium quantity rises. C. price falls and equilibrium quantity falls. D. price rises and equilibrium quantity falls.