A decrease in equilibrium quantity would result from

A) an increase in demand with no change in supply.
B) a decrease in supply with no change in demand.
C) a decrease in demand with no change in supply.
D) both a decrease in supply with no change in demand and a decrease in demand with no change in supply.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where market supply and demand balance each other.

Supply Decrease

A situation in economics where the amount of a certain good or service that producers are willing to provide at a specific price level reduces.

Demand Decrease

A reduction in the quantity of a good or service that consumers are willing and able to purchase at various prices.