Question

Changes in market equilibrium - changes in demand when supply constant

Answer 1

There is two type of changes:
1. Increase in Demand: the demand curve will shift rightward assuming no change is supply. the new eq. price will above old eq. price & eq. quantity will also increase. increase in price leads to rise in supply and demand fall & this will continue until it establish new eq. market.
2 Decrease in Demand : the demand curve will shift leftward no change in supply. the new price will be below eq. price & quantity demand will also decrease. Decrease in price leads to rise in demand and fall in supply. these change will continue until new market eq. establish.

Answer 2

There r two types of changes
1 Increased demand
2. decreased demand.