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Market Equilibrium — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMarket Equilibrium1 Mark
MCQ
When demand decreases and there is no shift in supply, the equilibrium price $.........$ and quantity $.........$​​​​​​​
  • A
    Rises, rises.
  • B
    Rises, falls.
  • ✓
    Falls, falls.
  • D
    Falls, rises.
✓

Answer

Correct option: C.
Falls, falls.

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