if demand shifts left and supply shifts right then we know t

if demand shifts left and supply shifts right, then we know that (Points : 1) price increases but the quantity bought and sold decreases

price increases and the quantity bought and sold also increases

price decreases but we are not sure how the quantity will change

price decreases and the quantity bought and sold also decreases

price decreases but the quantity bought and sold increases

Solution

If demand shifts left (decrease in demand), price falls and quantity falls.

If supply shifts right (increase in supply), price falls and quantity increases.

So, price will certainly decrease, but exact effect on quantity is not certain.