If the number of buyers decreases,the demand curve will shift to the _____ and the price will ____.
A)left; fall
B)right; fall
C)right; rise
D)left; rise

Question

Quizplus · Accepted Answer

When the number of buyers decreases, the demand for a product decreases, leading to a leftward shift in the demand curve. This typically results in a lower equilibrium price, hence the price will fall.

If the Number of Buyers Decreases,the Demand Curve Will Shift