Economy, asked by Dexteright360, 11 months ago

If price increase,the demand decrease, then why the supply increase ?

Answers

Answered by Anonymous
5

Explanation:

If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.

Answered by arvindkoyande2407197
0

Explanation:

If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.

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