1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksian1 [2.3K]
4 years ago
11

Suppose that for a given good demand increases and supply increases at the same time. If demand increases by a lesser amount tha

n supply increases, then equilibrium price __________ and equilibrium quantity __________ for that good.
Social Studies
1 answer:
hammer [34]4 years ago
6 0

Answer: Reduce;increase

Explanation: The law of Demand states that as the price of a given Product or service is Increased, the quantity demanded by the consumers will reduce,it can also be said that if the supply of a given product rises more than the demand,the price of that product will reduce lower than the equilibrium price. As the price of a product falls below the equilibrium price level,the demand for that product will increase. CONSUMERS ARE MOVED BY THE PRICE OF GOODS AND SERVICES.

You might be interested in
Why did apartheid in South Africa end during the 1990s?
fiasKO [112]
Apartheid was established because it was one way to keep the white domination while extending racial separation. This ended during 1990s where President William Frederik Willem de Klerk negotiated to end it. This ended in 1994 when the African National Congress won under Nelson Mandela.
8 0
3 years ago
Read 2 more answers
PLEASE I NEED THE ANSWER ASAP PLZ MAKE SURE ITS CORRECT!​
DENIUS [597]
Hmmm I’m not sure about the answer but one thing I do know is that the negative things about multiculturalism’s restaurant things like minor culture groups disappearing or cultures mixing.
4 0
3 years ago
When deciding between two alternatives, an individual considers___________.
Kruka [31]
The correct answer is letter D. The sacrifice involved with choosing one over the other. When deciding between two alternatives, they should consider that. 
5 0
3 years ago
The judge rejects your motion to prevent the weapon from being used in the trial. she agreed that technically the warrant did no
jarptica [38.1K]
This decision represents "<span>utilitarianism".</span>

Utilitarianism is a standardizing moral hypothesis that places the locus of good and bad exclusively on the results (outcomes) of picking one activity/approach over different activities/arrangements. Thusly, it moves past the extent of one's own advantages and considers the interests of others.

6 0
3 years ago
Why is there so much oil under southwest central Asia?
-Dominant- [34]
Millions of years ago this area was under water. The sea that covered the region contained the tiny plants and animals that began the process of making oil. Another reason that oil formed underneath Southwest Asia has to do with the movement of Earth's crust.
7 0
4 years ago
Other questions:
  • How can we make this world a better place for everyone
    8·2 answers
  • What was the intellectual culture of colonial america, as expressed in literature, philosophy, science, education, and law?
    11·1 answer
  • Total output refers to the goods and services made by _____ producers in a country. some one all
    11·2 answers
  • Explain the ways in which patrol officers may be used to increase the efficiency and effectiveness of criminal investigations. (
    11·1 answer
  • Explain two ways of promoting National unity ​
    12·1 answer
  • Why did the Spanish want to convert American peoples to Christianity? How did the Spanish try to convert the American Indians?
    10·1 answer
  • What role did families play in African society?
    7·1 answer
  • If you were an entrepreneur, what would you invest your money in? Why?
    10·2 answers
  • Patsy and Terry are fraternal twins. This type of twinning results from __________.
    6·1 answer
  • What do you think was galileo’s goal in writing this letter to the grand duchess?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!