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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?
Both price and quantity increase
Price decreases, and quantity increases
Price increases, and quantity decreases
Both price and quantity decrease
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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 Us
About Fiveable
Blog
Careers
Testimonials
Code of Conduct
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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