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-Dominant- [34]
3 years ago
11

What happens to the equilibrium price when supplies goes down

Business
1 answer:
wariber [46]3 years ago
3 0
An equilibrium price is where the quantity of goods supplied is equal to the quantity of goods demanded. So if supplies of the said product goes down the equilibrium will go down and the price and demand will be higher.
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2 years ago
The concert promoters of a heavy-metal band, WeR2Loud, know that there are two types of concert-goers: die-hard fans and casual
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B) $125,000

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6 0
2 years ago
Reece is trying to increase the number of products he sells every week so he will get a promotion this year. What are accurate w
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intermediate goal

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5 0
2 years ago
Read 2 more answers
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