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the supply of the item will decrease

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11y ago

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When demand for an item decreases and the supply increases the price of the item will likely?

The price of the item will likely decrease - as there're more stock than demand for the product.


What happens if demand and supply increase?

the price and value of the item will decrease.


What happens when demand for a good increase but it's supply decrease?

The price for the good increases


What happens to price if supply increases?

Supply will increase.


What will happen if demand decreases and supply increases?

the price and value of the item will decrease.


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.


If supply increases and demand is constant price will what?

In the short run nothing happens to price


What happens when the price of movie tickets increases?

You have to pay more.


When the price of an item decreases the quantity demanded increases When the price of an item increases the quantity demanded decreases?

This relationship is known as the law of demand in economics. When the price of an item decreases, consumers are more likely to purchase more of it, leading to an increase in quantity demanded. Conversely, when the price rises, the item becomes less attractive to consumers, resulting in a decrease in quantity demanded. This inverse relationship between price and quantity demanded reflects consumer behavior and preferences.


If a bond price increases what happens to yield to maturity?

The YTM on a Bond versus it's Price is inversely related. Thus when the Price of the Bond Increases, the YTM Decreases.


What happens to equilibrium price of a commodity if there is decrease in its demand and increase in its supply?

Equilibrium price 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.