how will equilibrium price of a commodity affected when excess demand increases but supply remains unchanged answer fast it's very urgent.
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as we know equilibrium price is attained when
quantity demanded =quantity supplied...
when the demand increases the price of a commodity will increase...
so,this will effect the equilibrium price which is attained before..
comment if you have any doubt..
quantity demanded =quantity supplied...
when the demand increases the price of a commodity will increase...
so,this will effect the equilibrium price which is attained before..
comment if you have any doubt..
shikhar3998:
I shouldn't have asked this question but still..are you a girl or a boy?
boy
ok
which standard you are
10th bro..
In tenth only do u have this question
which board bro
yep bro
school
name bro
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