Economy, asked by tsewangnamgail443, 6 days ago

 If the price of ice cream decrease in market , it mean there is a situation of ​

Answers

Answered by DHRUVRAJVAJPAYEE
0

If the price of ice cream decrease in market , it mean there is a situation of loss

Answered by renukakawle4
0

Answer:

If demand decreases and supply remains unchanged, a surplus occurs, leading to a lower equilibrium price. If demand remains unchanged and supply increases, a surplus occurs, leading to a lower equilibrium price. If demand remains unchanged and supply decreases, a shortage occurs, leading to a higher equilibrium price.

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