Question

When both supply and demand shift to the left, the equilibrium Group of answer choices quantity is indeterminate. price always falls. quantity always falls. price always rises. quantity always rises.

Answer 1

Answer:

quantity always falls

Explanation:

In the case when the supply and the demand shifted to the left so the equilibrium would price would not be determined also the equilibrium quantity would decline or fall

So according to the given situation, the third option is correct as it shows the quantity fall situation i.e. considered and relevant too