Question

Explain Market equilibrium when there is equal increase in Demand and Supply Simultaneous.​

Answer 1

Answer:

force is zero

Explanation:

where the force is zero is called equilibrium

Answer 2

Explanation:

When the magnitudes of the decrease in both demand and supply are equal, it leads to a proportionate shift of both demand and supply curve. Consequently, the equilibrium price remains the same but there is a decrease in the equilibrium quantity. The decrease in demand > decrease in supply

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