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Equilibrium price increases

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Q: What happens to equilibrium price of a commodity if there is decrease in its demand and increase in its supply?
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What happens if demand and supply increase?

the price and value of the item will decrease.


What happens to demand when The price of the commodity is expected to decrease?

Scarcity


What happens to the equilibrium concentration of reactants when the volume of the reaction system is decreased and why?

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What happens to the supply curve when there is a decrease in production?

Then the price will increase.


What happens with a decrease in aggregate demand?

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