If the price of a good increases while the quantity of the good exchanged on markets decreases, then the most likely explanation is that there has been

an increase in demand

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a decrease in demand

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an increase in supply

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a decrease in supply

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Solution

The correct option is D
a decrease in supply

If the price of a good increases while the quantity of the good exchanged on markets decreases, then the most likely explanation is that there has been a decrease in supply.

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If the price of a good increases while the quantity of the good exchanged on markets decreases, then the most likely explanation is that there has been

The correct option is D a decrease in supply If the price of a good increases while the quantity of the good exchanged on markets decreases, then the most likely explanation is that there has been a decrease in supply.

The correct option is D
a decrease in supply

If the price of a good increases while the quantity of the good exchanged on markets decreases, then the most likely explanation is that there has been a decrease in supply.