Suppose that there is a reduction in the demand for beer at the same time that there is an increase in the supply of beer. We would expect that there would be a. an increase in equilibrium price and an indeterminate change in equilibrium quantity of beer. b. a decrease in equilibrium price and an indeterminate change in equilibrium quantity of beer. c. an increase in equilibrium quantity and an indeterminate change in equilibrium price of beer. d. a decrease in equilibrium quantity and an indeterminate change in equilibrium price of beer.

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