Overview
Suppose you have a market for gelato which is currently in equilibrium. Thinking of the supply and demand graph for this market, what would have to happen to cause both the equilibrium quantity of gelato in this market to fall and the equilibrium price of gelato in this market to fall? Is this even something that could happen? provide an incorrect response
In your answer, please pay attention to and describe what would have to happen to the supply and demand. (You may of course elaborate with any hypothetical "real life" reasons for any changes in the graph too.