if equilibrium price falls and the equilibrium


If equilibrium price falls and the equilibrium quantity of the good purchased decreases, what has happened to either the supply curve or to the demand curve?

a. Demand decreased.

b. Supply increased.

c. Supply decreased.

d. Demand increased.

Request for Solution File

Ask an Expert for Answer!!
Macroeconomics: if equilibrium price falls and the equilibrium
Reference No:- TGS0379149

Expected delivery within 24 Hours