Economy, asked by yangchenpelmo71, 11 months ago

what would happen to the equilibrium price and quantity when the decrease in demand is less than decrease in supply​

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Answered by PRIYANKA9810
2

Answer:

If the increase in demand is less than the decrease in supply, the shift of the demand curve tends to be less than that of the supply curve. Effectively, equilibrium quantity falls whereas the equilibrium price rises.

Answered by kandlakuntamary
2

Answer:

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