Economy, asked by umeshgusai1234, 6 months ago

generally, when can demand line and supply line be drawn easily​

Answers

Answered by vishnutejajaladihero
0

Answer:

The four basic laws of supply and demand are:

If demand increases and supply remains unchanged, then it leads to higher equilibrium price and higher quantity. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and lower quantity.

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