What can cause shifts in the equilibrium price?

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asked Nov 8, 2021 109k views

2 Answers

Harism · Answer 1 · 2021-11-09T06:37:21+0000

Answer: decrease in demand and an increase in supply will cause a fall in equilibrium price, but the effect on equilibrium quantity cannot be determined

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Detunized · Answer 2 · 2021-11-14T07:30:21+0000

Answer:

A decrease in demand and an increase in supply will cause a fall in equilibrium price, but the effect on equilibrium quantity cannot be determined

What can cause shifts in the equilibrium price?

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