Question

incase of decrease in demand there is​

Answer 1

Answer:

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Answer 2

Answer:

The decrease in demand < decrease in supply

In a case in which the decrease in demand is smaller than the decrease in supply, the leftward shift of the demand curve is less than the leftward shift of the supply curve. Notably, there is a rise in equilibrium price accompanied by a fall in equilibrium quantity.

Explanation:

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