What will be the impact on equilibrium price and equilibrium quantity when demand decreases and supply increases?
CA Foundation · Business Economics · PYQS · January 2026
What will be the impact on equilibrium price and equilibrium quantity when demand decreases and supply increases?
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. Equilibrium price falls but impact on equilibrium quantity is not certain
Topics: Price Determination in Different Markets
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