A decrease (leftward shift) in the supply for a good will tend to caus – McqOptions

MCQOPTIONS

1.	A decrease (leftward shift) in the supply for a good will tend to cause ?
A.	an increase in the equilibrium price and quantity
B.	a decrease in the equilibrium price and an increase in the equilibrium quantity
C.	none of these answers
D.	a decrease in the equilibrium price and quantity.
E.	an increase in the equilibrium price and a decrease in the equilibrium quantity
Answer» B. a decrease in the equilibrium price and an increase in the equilibrium quantity

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