What does an increase in the aggregate price do?

A. When supply falls, what happens to the quantity demanded in equilibrium? When supply falls price increase a?

  • A. When supply falls, what happens to the quantity demanded in equilibrium? When supply falls price increase a? a. When supply falls, what happens to the quantity demanded in equilibrium? When supply falls price increase and quantity in equilibrium decrease b. When demand increases, what happens to the quantity supplied in equilibrium? When demand rises price increases and quantity in equilibrium increases. c. In the above two situations, what would result if laws were passed that did not allow prices to vary with changes in demand or supply. i dont know the answer on C

  • Answer:

    shortages

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part c) it would result in the market taking a long time to clear among other possible factors.

Me

I think, you couldn't elaborate the question properly. missing some things..

Sarah Stockdell

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