It goes up
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.
price rises and quantity increases
dsfdsfs
Quantity of demand increases and supplies decreases.
When demand decreases, supply increases.
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.
price rises and quantity increases
dsfdsfs
Quantity of demand increases and supplies decreases.
When demand decreases, supply increases.
If demand decreases and supply is constant, the price will increase.
Prices normally increase as demand increases and decrease as demand decreases.
Equilibrium price increases
The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.
the price and value of the item will decrease.
The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.
The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.