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Supply increases.
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What happens when the demand for a product decreases?
When demand decreases, supply increases.
According to Adam smith what happen when the demand for a product decreases?
Supply increases.
According to Adam Smith what happens when demand for a good increases?
The supply decreases.
The supply of a product normally decreases if what happens?
The supply of a product normally decreases if a retail store offers a sale on the product. The shortage after the sale might tend to make prices rise if the product is still in high demand.
What happens to price as demand decreases?
Prices normally increase as demand increases and decrease as demand decreases.
What happen when the demand for a product?
When demand decreases, supply increases.
When the price of a product is increased the quantity demanded decreases demand for this product is?
when the price of product increased the porchasing powre of consumer is foll so he will decreases his quantity demand for that product.
When demand decreases and supply decreases what happens?
prices go higher
If demand decreases and supply is constant what happens to the equilibrium price?
If demand decreases and supply is constant, the price will increase.
If supply exceeds demand for a product what economic explation occurs?
demand decreases and price will decrease.
When a product is in demand what happens to the demand curve?
the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product
What happens when the price of a complementary good increases and how does it impact the demand for the main product"?
When the price of a complementary good increases, the demand for the main product typically decreases. This is because consumers are less likely to purchase the main product if they also have to pay more for the complementary good that goes along with it.
