A decrease in demand for a good will lead to a decrease in the price of the good, but an increase in the quantity supplied.

a. true
b. false

Answer: b. false

Economics

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If marginal benefit is greater than marginal cost, output is inefficiently high

Indicate whether the statement is true or false

Economics

Third-party beneficiaries are called:

a. polluters. b. property owners. c. free riders. d. efficient market. e. losers.

Economics