A decrease in demand causes the equilibrium price to:

Rise

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Fall

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Remain constant

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Indeterminate

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Solution

The correct option is B
Fall

A decrease in demand causes the equilibrium price to fall.

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Similar questions

A decrease in demand causes the equilibrium price to _____.

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A decrease in demand causes the equilibrium price to:

The correct option is B Fall A decrease in demand causes the equilibrium price to fall.

The correct option is B
Fall

A decrease in demand causes the equilibrium price to fall.