Podcast
Questions and Answers
What happens to price and quantity when demand increases but supply remains constant?
What happens to price and quantity when demand increases but supply remains constant?
What is the likely impact on price and quantity when both demand and supply increase?
What is the likely impact on price and quantity when both demand and supply increase?
In a market, what effect does a decrease in supply have on equilibrium price and quantity?
In a market, what effect does a decrease in supply have on equilibrium price and quantity?
