Advertisements
Advertisements
प्रश्न
With the help of a diagram, illustrate the effect of a simultaneous and proportional decrease in demand and supply on equilibrium price and quantity.
आकृति
Advertisements
उत्तर
When both demand and supply decrease in an equal proportion, the price will remain the same but the equilibrium quantity will decrease.
Decrease in Demand = Decrease in Supply
Quantity Demanded and Supplied (in Units)
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2024-2025 (March) Official Board
