An increase in demand with supply constant

Question-

We observe that the equilibrium price of coffee falls and the equilibrium quantity falls. Which of the subsequent best fits the observed data? 

A) an increase in demand with supply constant.

B) an increase in demand coupled with a decrease in supply.

C) an increase in demand coupled with an increase in supply

D) a decrease in demand with supply constant.

Posted Date: 2/5/2014 11:14:42 PM | Location : United Kingdom(UK)

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