What will happen if both the demand for and supply of a product decrease simultaneously?

Name: What will happen if both the demand for and supply of a product decrease simultaneously?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

D  When both demand and supply decrease, the effect on price is indeterminate because it depends on the relative magnitudes of the shifts. However, the effect on quantity traded is indeterminate because both shifts lead to a decrease in quantity, but the exact change depends on the shifts' relative sizes.

What Will Happen If Both the Demand for and Supply