If demand decreases,then quantity supplied will increase.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price in a given period.

Analyze the relationship between consumer income changes and the demand for goods.
Grasp the basic principles of supply and demand dynamics, including shifts in curves due to external factors.

Verified Answer

Final Answer :

False

Explanation :

If demand decreases, suppliers are likely to reduce the quantity supplied in response to the change in consumer behavior.

Learning Objectives

Analyze the relationship between consumer income changes and the demand for goods.
Grasp the basic principles of supply and demand dynamics, including shifts in curves due to external factors.