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If demand increases and supply decreaseswhat economic explanation occurs?

Supply will decrease and the price will rise greatly.


What economic explanation occurs if demand increases?

supply will decrease and price will rise greatly


What would be the consequence of removing all of the carbon dioxide in earths air supply?

plants would starve, and the oxygen content of the air would slowly decrease to zero.


What would be the consequence of removing all the carbon dioxide in the earths air supply?

plants would starve, and the oxygen content of the air would slowly decrease to zero.


What are the basis of an increase or decrease in supply?

demand in supply is the basis of it's increase and decrease


Does the water cycle use up earths water supply?

Yes water cycle use up earths supply. Water is evaporated from earth's surface.


If a company raises its price for holidays over the equilibrium price the demand will decrease the supply?

decrease and the supply will increase.


When both demand and supply decrease equilibrium price is?

When both demand and supply decrease, the effect on equilibrium price depends on the magnitude of the shifts. If the decrease in demand is greater than the decrease in supply, the equilibrium price will fall. Conversely, if the decrease in supply is greater than the decrease in demand, the equilibrium price may rise. If the decreases are equal, the equilibrium price may remain unchanged, but the quantity traded will decrease.


How is the law of supply similar to the law of demand?

If the demand for a commodity increases, but the supply does not increase equally, the price will increase. If the supply of a commodity increases, but the demand for that commodity does not increase equally, the price will decrease. If the demand for a commodity decreases, but the supply does not decrease equally, the price will decrease. If the supply of a commodity decreases, but the demand does not decrease equally, the price will increase.


If the price of resources increases what will happen to supply?

supply will decrease


How does the law of supply and demand increase and decrease in supply?

ty


What would cause a decrease in aggregate supply?

Aggregate supply is the supply of all goods and services within a country. Which of the following would most likely cause a decrease in the aggregate supply