Economy, asked by gautamverma9191, 6 months ago

a consumer will be at the point of equilibrium when:

Answers

Answered by haripkr13

Answer:

Explanation:

If the supply curve shifts downward, meaning supply increases, the equilibrium price falls and the quantity increases. ... If the demand curve shifts downward, meaning demand decreases but supply holds steady, the equilibrium price and quantity both decrease.

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