Then demand and supply are equal.
Yes. Equilibrium is created at the intersection of the Demand curve and Supply Curve. Equilibrium can be shifted if the Demand curve increases or decreases, and the same happens when the Supply curve increases or decreases. Without demand, you would just have a Supply curve.
explain what happens inside curve sample
there are two things in regards to demand. one is demand the other is quantity demanded. if the demand curve stays the same and supply curve shifts right, the price of the item will decrease and quantity demanded will also decrease
by finding where the supply curve and the demand curve intersect
When supply and demand are perfectly elastic/inelastic
explain what happens inside curve sample
Yes. Equilibrium is created at the intersection of the Demand curve and Supply Curve. Equilibrium can be shifted if the Demand curve increases or decreases, and the same happens when the Supply curve increases or decreases. Without demand, you would just have a Supply curve.
there are two things in regards to demand. one is demand the other is quantity demanded. if the demand curve stays the same and supply curve shifts right, the price of the item will decrease and quantity demanded will also decrease
by finding where the supply curve and the demand curve intersect
When supply and demand are perfectly elastic/inelastic
supply and demand curve for hybrid vehicles
a supply curve and a demand curveA supply curve and a demand curve.
a supply curve and a demand curveA supply curve and a demand curve.
There is two types of increase for supply. 1) Movement along the demand curve (upwards or downwards) which is subjected to the shifting of the demand curve 2) Shift of the supply curve. For the first case, the supply curve does not shift but there is increased production to meet the new market demand. Supply will increase as there is a upward movement along the supply curve, and until the new market equilibrium is achieved. For the second case, Supply shifts right and hence the upward movement along the demand curve.
A change in any one or more of these determinants of supply, or supply shifters, will move the supply curve for a product either right or left.
prices will fall if demand decreases and the supply is constant. the supply curve will be vertical and demand curve will be downward sloping.
there are two things in regards to demand. one is demand the other is quantity demanded. if the demand curve stays the same and supply curve shifts right, the price of the item will decrease and quantity demanded will also decrease