When demand decreases and supply increases,it is certain that

Name: When demand decreases and supply increases,it is certain that
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Question

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When demand decreases and supply increases, there is a surplus of goods in the market and producers will try to sell their goods by lowering prices. This causes a downward pressure on the equilibrium price. As a result, the equilibrium price will fall. However, the equilibrium quantity may rise or fall depending on the size of the shift in supply and demand.

When Demand Decreases and Supply Increases,it Is Certain That