Concept of equilibrium whenever dealing with quantity-price

Reference no: EM1330248

Concept of equilibrium when dealing with quantity and price

Trying to under the concept of equilibrium when dealing with quantity and price??

What happens to the price if the supply increases? What happens to the quantity if supply increases and demand decreases? What happens to price if demand increases followed by supply decreasing and then demand increasing?

Reference no: EM1330248

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