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If Demand Decreases,what Happens to the Price of a Product,as

Question 96

Multiple Choice
If demand decreases,what happens to the price of a product,as well as producer surplus A)The price will increase and the producer surplus will increase. B)The price will decrease and the producer surplus will increase. C)The price will decrease and the producer surplus will decrease. D)The price will increase and the producer surplus will decrease.

If demand decreases,what happens to the price of a product,as well as producer surplus


A) The price will increase and the producer surplus will increase.
B) The price will decrease and the producer surplus will increase.
C) The price will decrease and the producer surplus will decrease.
D) The price will increase and the producer surplus will decrease.

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