Question

If the demand for a good falls by less than the supply of the good rises , then the good's equilibrium price will_______ it's equilibrium quantity will________

Answer 1

Answer:

If the demand for a good falls by less than the supply of the good rises , then the good's equilibrium price will decrease it's equilibrium quantity will get shortage.

Explanation:

This answer is as far as my brain is in economics.

Answer 2

Answer:

If market is in equilibrium and market demand as well as market supply for a commodity increase in the same proportion the price remains stable, there is no change in the equilibrium price but the equilibrium quantity will increase.