All other factors held constant a reduction in price tends t

All other factors held constant, a reduction in price tends to cause which of the following? a reduction in quantity supplied and an increase in quantity demanded. an increase in quantity supplied and a reduction in quantity demanded. an increase in supply and an increase in demand. a reduction in supply and an increase in demand.

Solution

Answer:- when price decrease, then reduction in quantity supplies and an increase in quantity demanded.

As we see, when then price changes, supply demanded alson change in the same direction and price and demand always against to each other.

So, according to this, all other factor constant, if reduction in price, then also reduction in quantity supplied and increase in quantity demanded.