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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.7
What happens to the equilibrium price and quantity when there is a decrease in supply?
Price increases, and quantity decreases
Both price and quantity increase
Both price and quantity decrease
Price decreases, and quantity increases
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AP Microeconomics - 2.7 Market Disequilibrium and Changes in Equilibrium
Key terms
Equilibrium Price
Decrease in Supply
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About Fiveable
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Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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