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