If a fall in supply and a rise in demand occur at the same time,then we know that the price must also rise.

Name: If a fall in supply and a rise in demand occur at the same time,then we know that the price must also rise.
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A fall in supply and a rise in demand will lead to an increase in the equilibrium price. This is because there is now greater competition among buyers for a limited supply of goods, driving up the price.

If a Fall in Supply and a Rise in Demand