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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…

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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1 vote
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).

asked
User Geisshirt
by
8.1k points

2 Answers

7 votes

Answer:

It can be both of the demand and supply change.

answered
User Wurli
by
8.0k points
0 votes

Step-by-step explanation:

C. Both demand and supply change

answered
User Billy Willoughby
by
8.3k points
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