Bringing Supply and Demand Together


An increase in demand results in a greater equilibrium price and a greater equilibrium quantity



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Bringing demand and supply together

An increase in demand results in a greater equilibrium price and a greater equilibrium quantity.

  • An increase in demand results in a greater equilibrium price and a greater equilibrium quantity.
  • Conversely, a decrease in demand results in a lower equilibrium price and a lower equilibrium quantity.

A decrease in supply results in a higher equilibrium price and a lower equilibrium quantity.

  • A decrease in supply results in a higher equilibrium price and a lower equilibrium quantity.
  • Conversely, an increase in supply results in a lower equilibrium price and a higher equilibrium quantity.

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