If the supply of bottled water decreases, equilibrium price ……………….. and the equilibrium quantity ………………..
A. increases; decreases
B. decreases; increases
C. decreases; decreases
D. increases; increases
Answer:A
If the supply of bottled water decreases, equilibrium price ……………….. and the equilibrium quantity ………………..
A. increases; decreases B. decreases; increases C. decreases; decreases D. increases; increases