Question

all else equal, if there is an increase in the price of basketballs, which of the following will occur? a decrease in price an increase in demand a decrease in quantity demanded an increase in quantity demanded

Explanation:

Per the law of demand, when the price of a good (basketballs, here) rises (all else equal), there is a movement along the demand curve, leading to a lower quantity of the good that consumers are willing to buy. A change in price does not shift the entire demand curve (so demand itself doesn't increase), and the question states the price already increased, so a price decrease is not the outcome.

Answer:

a decrease in quantity demanded