If the number of buyers in a market decreases, then

A) demand will increase.
B) demand will decrease.
C) supply will increase.
D) supply will decrease.

Question

If the number of buyers in a market decreases, thenA) demand will increase.B) demand will decrease.C) supply will increase.D) supply will decrease.

Pratik Ranabhat · Accepted Answer

Final Answer : B, Explanation :  When the number of buyers in a market decreases, the overall demand for a product or service is likely to decrease because there are fewer consumers willing or able to purchase the product at any given price.

If the number of buyers in a market decreases, then

A) demand will increase.
B) demand will decrease.
C) supply will increase.
D) supply will decrease.

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