A decrease in demand causes the equilibrium price to: Options: A . &nbspRise B . &nbspFall C . &nbspRemain constant D . &nbspIndeterminate

A decrease in demand causes the equilibrium price to:

Question

A decrease in demand causes the equilibrium price to:

Options:

A . Rise

B . Fall

C . Remain constant

D . Indeterminate

Answer: Option B
:
B
A decrease in demand causes the equilibrium price to fall.

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