Welcome to Westonci.ca, your go-to destination for finding answers to all your questions. Join our expert community today! Discover reliable solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Consumers' incomes decrease, which causes a decrease in demand. This causes the equilibrium price to _____.

A. increase
B. decrease
C. stay the same


Sagot :

B decrease

Answer:

This occurs due to the economic insufficiency to catch up with the consumers demand rate thereby causing the decrease

Answer:C. stay the same

Explanation: