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Equilibrium quantity must decrease when demand

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Equilibrium quantity must decrease when demand:

  • increases and supply does not change, when demand does not change and supply decreases, and when both demand and supply decrease.
  • increases and supply does not change, when demand does not change and supply increases, and when both demand and supply decrease.
  • decreases and supply does not change, when demand does not change and supply increases, and when both demand and supply decrease.
  • decreases and supply does not change, when demand does not change and supply decreases, and when both demand and supply decrease.



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    1. Anonymous

      Correct Answer:

      • decreases and supply does not change, when demand does not change and supply decreases, and when both demand and supply decrease.

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