Question

Eq. price may not be effected with change in both Demend And Supply . Explain ?
​

Answer 1

Answer:

If demand and supply change in the same direction, the change in the equilibrium output can be determined, but the change in the equilibrium price cannot. ... If both demand and supply decrease, there will be a decrease in the equilibrium output, but the effect on price cannot be determined.

Explanation:

thank you so much