Economy, asked by swopx100, 6 months ago

effect on equilibrium prices in local market causes​

Answers

Answered by Alexanderlines
1

Explanation:

The demand may increase or decrease, the supply curves remaining unchanged. This would cause a change in equilibrium price and quantity. ADVERTISEMENTS: Similarly, the increase or decrease in supply, the demand curve remaining constant, would have an impact on equilibrium price and quantity.

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