How do changing prices affect supply and demand

2 answers
Question:

How do changing prices affect supply and demand

Answers

Answer:If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.Explanation:

Answer:As price decreases, supply decreases, but demand increases.Explanation:Edge

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