If the supply of a good increases while its demand decreases, then the equilibrium price will fall.

Name: If the supply of a good increases while its demand decreases, then the equilibrium price will fall.
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Quizplus · Accepted Answer

When the supply of a good increases and its demand decreases, the market will be in surplus. This means that there is more supply than demand, leading to excess inventory. To get rid of this inventory, sellers will reduce the price of the good, which will lead to a decrease in the equilibrium price.

If the Supply of a Good Increases While Its Demand