Business, 24.03.2020 05:30 brittanyfox411

If an earthquake destroys a huge storage unit for shoes, which decreases the supply of shoes, the equilibrium price of shoes will.

a. increase and equilibrium quantity will decrease.
b. decrease and equilibrium quantity will decrease.
c. increase and equilibrium quantity will increase.
d. decrease and equilibrium quantity will increase.

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If an earthquake destroys a huge storage unit for shoes, which decreases the supply of shoes, the eq...