A change in price will lead to a change in __________ and to a change in __________,while a change in government subsidies will lead to a change in __________ and a change in the number of buyers will lead to a change in __________.
A) quantity demanded; quantity supplied; supply; demand
B) demand; quantity supplied; supply; quantity demanded
C) quantity demanded; supply; quantity supplied; demand
D) quantity supplied; quantity demanded; demand; supply
E) quantity demanded; demand; quantity supplied; supply

Question

Quizplus · Accepted Answer

A change in price affects the quantity demanded and quantity supplied directly, while a change in government subsidies affects supply, and a change in the number of buyers affects demand.

A Change in Price Will Lead to a Change in __________