0
What else can I help you with?
If demand decreases and supply is constant what happens to the equilibrium price?
If demand decreases and supply is constant, the price will increase.
What happens to both the supply and demand as the price decreases?
If the price decreases then the economic law of demand & supply comes in operation with increase in demand and decrease in supply, as the producer will not supply at the price unsuitable to them in the market .
What usually happens to the demand for a good or service when the price increases?
When the price of a good or service increases, the demand for it usually decreases.
What happens to the equilibrium price when demand increases and supply decreases?
It goes up
Why does price decrease as demand decreases?
It does not. If you follow the demand curve it shows that as price decreases, demand increases.
If demand decreases and supply is constant what happens to the equilibrium price?
If demand decreases and supply is constant, the price will increase.
What happens to both the supply and demand as the price decreases?
If the price decreases then the economic law of demand & supply comes in operation with increase in demand and decrease in supply, as the producer will not supply at the price unsuitable to them in the market .
What usually happens to the demand for a good or service when the price increases?
When the price of a good or service increases, the demand for it usually decreases.
What happens to the equilibrium price when demand increases and supply decreases?
It goes up
Why does price decrease as demand decreases?
It does not. If you follow the demand curve it shows that as price decreases, demand increases.
What happens is the price falls below the market clearing price and there is no equilibrium?
Quantity of demand increases and supplies decreases.
What happens to the equilibrium price and equilibrium quantity if the demand decreases and the supply is constant?
price rises and quantity increases
What happens to the demand for the main good if the price of a complementary good increases?
If the price of a complementary good increases, the demand for the main good typically decreases.
What generally happens to a quantity demanded when the price of a good goes up?
quantity demand decreases
What happens when the demand for a product decreases?
When demand decreases, supply increases.
What happens to the equilibrium price levels and real GDP when aggregate demand decreases and aggregate supply increases?
dsfdsfs
What is a price cut when the demand for a normal good is price inelastic?
Demand is inelastic when changes the in price of a commodity do not effect (or have very little effect) the quantity of that product demanded. For most commodities, demand decreases with price increases and demand increases with price decreases.
