When demand is higher than supply prices are going up, at some level customers don't want to buy and sales are going down.
When supply is higher than demand prices are going down, at some level demand is again higher than supply and prices are going up.
disequalibrium. (sp?)
damn commies..
Then demand and supply are equal.
supply will increase.
prices will fall if demand decreases and the supply is constant. the supply curve will be vertical and demand curve will be downward sloping.
the supply has to go down and the demand rise
When aggregate demand and aggregate supply both decrease, the result is no change to price. As price increases, aggregate demand decreases, and aggregate supply increases.
Then demand and supply are equal.
Supply is inelastic and demand is elastic for land.
When demand decreases, supply increases.
supply will increase.
prices will fall if demand decreases and the supply is constant. the supply curve will be vertical and demand curve will be downward sloping.
the supply has to go down and the demand rise
Equilibrium
When aggregate demand and aggregate supply both decrease, the result is no change to price. As price increases, aggregate demand decreases, and aggregate supply increases.
Market equilibrium is when the demand of the product and the supply of the product is equal. If either demand or supply changes, then the equilibrium adjusts.
There is often a change in supply and demand of oranges.
When supply and demand are equal, that is a state of equilibrium.
A change in the supply and demand of swimsuits often occurs.