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ch4aika [34]
3 years ago
8

What happen when their is decrease in equilibrium price and increase in equilibrium quantity​

Mathematics
1 answer:
julia-pushkina [17]3 years ago
3 0

Answer: An increase in demand, all other things unchanged, will cause the equilibrium price to rise; quantity supplied will increase. A decrease in demand will cause the equilibrium price to fall; quantity supplied will decrease. ... A decrease in supply will cause the equilibrium price to rise; quantity demanded will decrease.

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