If the demand curve increases while the supply curve remains unchanged, the equilibrium price would decrease.

Name: If the demand curve increases while the supply curve remains unchanged, the equilibrium price would decrease.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

​If the demand curve increases while the supply curve remains unchanged, the equilibrium price would decrease.

Quizplus · Accepted Answer

If the demand curve increases while the supply curve remains unchanged, the equilibrium price would increase because there is now more demand for the same amount of supply, leading to higher prices.

​If the Demand Curve Increases While the Supply Curve Remains

If the Demand Curve Increases While the Supply Curve Remains