According to the relationship between supply, demand, and price: as supply decreases, what is likely to happen to demand and price?
A.
Demand will decrease, and price will decrease.
B.
Demand will decrease, and price will increase.
C.
Demand will increase, and price will decrease.
D.
Demand will increase, and price will increase.

D. Demand will increase, and price will increase.

Explanation:

Supply and demand are proportional. If you cut out the factor of price and see it as just those two factors, it is easy to understand that if one falls, the other rises. This goes both ways;

If supply falls, demand (and subsequently price, since stores need to maintain stock) will rise.

If demand falls (this also means that price falls), then a product will be in abundance, and supply rises.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.

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