Demand and Supply (ATAR year 11 Cape Naturaliste College.) Flashcards | StudBud

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Demand and Supply (ATAR year 11 Cape Naturaliste College.) Flashcards | StudBud

Demand and Supply (ATAR year 11 Cape Naturaliste College.)

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Question

What would happen to market equilibrium if Supply Decrease

Answer

Price would Increase and Quantity would Decrease

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