Question

Assume that consumer’s income and the number of sellers in the market for good A both decrease. Based upon this information, we can conclude, with certainty, that equilibrium:
(a) Price will increase
(b) Price will decrease.
(c) Quantity will increase
(d) Quantity will decrease

Answer 1

Explanation:

Assume that consumer’s income and the number of sellers in the market for good A both decrease. Based upon this information, we can conclude, with certainty, that equilibrium:

(a) Price will increase

(b) Price will decrease.

(c) Quantity will increase✔️✔️✔️✔️

(d) Quantity will decrease

Answer 2

Answer:

it increases the prices of quantity by decreasing the Food Corporation....❤️...