Economy, asked by aadilkhan07, 4 months ago

what increases equilibrium quantity

Answers

Answered by Anonymous
3

an increase demand and decrease in supply

hope it's help you

Answered by Anonymous
6

To increase equilibrium quantity:-

  • An increase in demand and a decrease in supply will cause an increase in equilibrium price, but the effect on equilibrium quantity cannot be detennined.
  • For any quantity, consumers now place a higher value on the good.
  • Producers must have a higher price in order to supply the good; therefore, price will increase.
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