Thank you for the 5 points
Answer:
true
Explanation:
But accuracy would be a better option speed is good, so you are always on task and comprehension for big words.
Although the impact on the equilibrium quantity cannot be determined, a rise in demand and a decrease in supply will result in an increase in the equilibrium price. 1. Consumers now place a higher value on goods, and producers must charge a higher price to offer the goods; as a result, prices will rise for all quantities.
If demand increases at the same time as supply increases, as is the case in the scenario depicted, the new equilibrium price will be greater than the initial equilibrium price.
We therefore know that an increase in supply decreases equilibrium price and increases quantity, while a rise in supply increases equilibrium price and decreases quantity (and vice versa) (and vice versa).
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Answer:
quantity demanded equals quantity supplied
Explanation:
The market equilibrium is the price at which the quantity demanded and the quantity supplied cross each other. The intersection could be made by supply and demand curves.
Therefore, there is a direct relationship between the price and the quantity supplied, while the price and quantity demanded have an inverse relationship.
When the quantity demanded and the quantity supplied are intersect at the price so we called market equilibrium
The answer is false because a customer is a person that buys goods or services from a store of business.
