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Q: Supply decreases demand satys the same equilibrium price will blank and equilibrium quanity will blank?
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If demand decreases and supply is constant what happens to the equilibrium price?

If demand decreases and supply is constant, the price will increase.


Is demand needed in equilibrium?

Yes. Equilibrium is created at the intersection of the Demand curve and Supply Curve. Equilibrium can be shifted if the Demand curve increases or decreases, and the same happens when the Supply curve increases or decreases. Without demand, you would just have a Supply curve.


What happens to the equilibrium price when demand increases and supply decreases?

It goes up


What will happen to the equilibrium price level and the real GDP if the aggregate demand decreases and aggregate supply decreases?

The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.


What happens to the equilibrium price and equilibrium quantity if the demand decreases and the supply is constant?

price rises and quantity increases


Why does the supply curve increase or decrease?

The supply and demand curve follows four basic laws :If demand increases (demand curve shifts to the right) and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price.If demand decreases (demand curve shifts to the left) and supply remains unchanged, a surplus occurs, leading to a lower equilibrium price.If demand remains unchanged and supply increases (supply curve shifts to the right), a surplus occurs, leading to a lower equilibrium price.If demand remains unchanged and supply decreases (supply curve shifts to the left), a shortage occurs, leading to a higher equilibrium price.


When supply decreases and demand remains the same equilibrium price will..and equilibrium quantity will..?

Price decreases while the quantity increases...i think!!!I am improving this answer because this guy's answer is wrong. If supply decreases while demand remains the same price will go up while quantity goes down.


If demand falls and supply falls will equilibrium price rise?

In this case supply of goods surplus in the market and then their is cahnce to decreases in prices for the purpose of rises in demand.


What will happen to the equilibrium price level and the real GDP if the aggregate demand increases and aggregate supply decreases?

The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.


What will happen to the equilibrium price level and the real GDP if the aggregate demand decreases and aggregate supply increases?

The equilibrium price level increases, but the real GDP change depends on how much aggregate demand and aggregate supply change by.


What happens to the equilibrium price levels and real GDP when aggregate demand decreases and aggregate supply increases?

dsfdsfs


What does equilibrium?

Equilibrium is the point where demand = supply