Economy, asked by anushiyajosesm, 5 months ago

an increase in supply and demand will dash its equilibrium quantity​

Answers

Answered by xxALONEKINGxx
7

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The increase in demand = increase in supply

If the increase in both demand and supply is exactly equal, there occurs a proportionate shift in the demand and supply curve. Consequently, the equilibrium price remains the same. However, the equilibrium quantity rises.

Answered by s1266aakansha782696
3

Hey mate,

The increase in demand = increase in supply

If the increase in both demand and supply is exactly equal, there occurs a proportionate shift in the demand and supply curve. Consequently, the equilibrium price remains the same. However, the equilibrium quantity rises.

Hope it helps....

( Itz ❤Aakanksha❤ here! ) {}^{} \\

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