Describe with diagram that the increase in demand and supply does not show any effect on the equilibrium price.
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Explanation:
If demand decreases and supply stays the same then equilibrium quantity goes down, and equilibrium price goes down. If demand stays the same and supply increases then equilibrium quantity goes up, and equilibrium price goes down.
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- if demand decreases in the increasing. Of the supply does not show any effect on the equilibrium price.❤️
- if demand decreases in the increasing point of the supply does not show any effect on the equilibrium price........❤️
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