Traditional Culture Encyclopedia - Traditional customs - Consider the demand curve of automobile. Due to the change of supply curve, the price will rise?
Consider the demand curve of automobile. Due to the change of supply curve, the price will rise?
When supply and demand increase at the same time, and the increase of supply is greater than the increase of demand, the new equilibrium price decreases and the equilibrium quantity increases; If the increase in supply is less than the increase in demand, the new equilibrium price will increase and the equilibrium quantity will increase. When supply and demand decrease at the same time, and the decrease of supply is greater than the decrease of demand, the new equilibrium price will rise. ...
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