Business, 15.08.2021 16:00 zafyafimli

Show the effect of change in demand and supply on equilibrium price and equilibrium quantity with graph and in word description. 1. When demand and supply increase (3 point))

a. If increase in demand is greater than increase in supply.
b. If increase in demand is less than increase in supply.
c. If increase in demand is equal to increase in supply.

2. When demand and supply decrease with different value(3 point)

a. If decrease in demand is greater than decrease in supply.
b. If decrease in demand is less than decrease in supply
c. If decrease in demand is equal to decrease in supply.

3. When demand increase and supply decrease (3 point)

a. If increase in demand is greater than decrease in supply.
b. If increase in demand is less than decrease in supply.
c. If increase in demand is equal to decrease in supply.

4. When demand decrease and supply increase (3 point)

a. If decrease in demand is greater than increase in supply.
b. If decrease in demand is less than increase in supply.
c. If decrease in demand is equal to increase in supply.

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Show the effect of change in demand and supply on equilibrium price and equilibrium quantity with gr...

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