A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2012 · Q101 Mark
The demand for a good falls at the same time as its costs of production decrease. What will be the combined effect of these changes on the price and on the quantity supplied of the good?
Adecrease decrease
Bdecrease uncertain
Cuncertain decrease
Duncertain uncertain
✓ Correct answer
B: decrease uncertain
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