Other things being equal, a decrease in the quantity supplied to the market at given prices leads to
A. | A higher price and a contraction of demand |
B. | A lower price and a contraction of demand |
C. | A higher price and an expansion of demand |
D. | A lower price and an expansion of demand |
Answer : A Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |