Economy, asked by ritikg2823, 11 months ago

Explain through a diagram the effect of a rightward shift of both the demand and supply curves on equilibrium price and quantity.

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Answered by rajeshmauryamau25

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Explain through a diagram the effect of a rightward shift of both the demand and supply curves on equilibrium price and quantity. Answer As a result equilibrium price remains unchanged. ... (iii) Equilibrium price will fall, if both demand and supply increase but the increase in demand is less than increase in supply

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