If the demand is fixed but supply of a product increases what happens to the equilibrium price and quantity?

Question

13-01-2020
Chemistry

contestada

If the demand is fixed but supply of a product increases what happens to the equilibrium price and quantity?

Respuesta :

Otras preguntas

Read the following writing prompt. Courage is defined as the ability to do something that frightens you or a show of strength in the face of great pain or grief

What amount of simple interest would you pay on a 2000 loan at 8% interest for 3 years

Adaptions natural selection and evolution

Julie and Sam___ to work tomorrow a) have got to go b) have get to go

PLZ HELP TIMED TEST [THE MESSENGER}

Based on past experience, the main printer in a university computer centre is operating properly 90% of the time. Suppose inspections are made at 10 randomly se

Why did southerners join the Confederate army commonly? A: To maintain the Union B: To defend their land and eat if life C: To protect their factories and indus

)Which statement best describes the area of the triangle shown below? A coordinate grid is shown with a triangle.. The base is 4 units, and the height is 4 unit

his father likes to read newspaper which is noun

kayobrien2025 kayobrien2025 · Answer 1 · 2020-01-13T23:03:05+01:00

kayobrien2025 kayobrien2025

13-01-2020

If the supply curve shifts downward, meaning supply increases, the equilibrium price falls and the quantity increases.If the demand curve shifts downward, meaning demand decreases but supply holds steady, the equilibrium price and quantity both decrease.

hope u find this helpful

Answer Link