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If the supply of a good increases while the demand for that good decreases, the equilibrium quantity will a) remain unchanged. b) decrease. c) be indeterminate. d) increase. 

          If the supply of a good increases while the demand for that good decreases, the equilibrium quantity will
a) remain unchanged.
b) decrease.
c) be indeterminate.
d) increase.
If the supply of a good increases while the demand for that good decreases, the equilibrium quantity will a) remain unchanged. b) decrease. c) be indeterminate. d) increase.

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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If the supply of a good increases while the demand for that good decreases, the equilibrium quantity will a) remain unchanged. b) decrease. c) be indeterminate. d) increase. If the supply of a good increases while the demand for that good decreases, the equilibrium quantity will a) remain unchanged. O b) decrease. O c) be indeterminate. O d) increase.
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Transcript

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00:01 So here we're going to do some market analysis.
00:03 And the market is, of course, a story, as always, about quantity and price.
00:11 We have a downward sloping demand curve.
00:13 We have an upward sloping supply curve.
00:16 And we're going to have two things, right? the first thing that is going to happen is that demand is increasing, right? demand is increasing.
00:25 So we've got an increase in demand.
00:27 People are willing to pay more for this product.
00:31 So demand increases.
00:32 We started here.
00:35 And now the second part of this story is that we have a supply decrease, right? so people are unable to bring as much to market.
00:43 There's a decrease in supply...
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