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vesna_86 [32]
3 years ago
8

During the winter months, many elderly people leave their homes in northern New York and travel south to Florida or Arizona. Wha

t would we expect to happen to the equilibrium price and quantity of items most used by the elderly in northern New York?
Social Studies
1 answer:
Alika [10]3 years ago
3 0

Answer:

Equilibrium price and quantity will reduce

Explanation:

Due to the reduction in the number of elderly people in Northern New York during the winter, demand for items used by the elderly will decrease which will cause a decrease in equilibrium quantity supplied and equilibrium price of those items.

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