Answer to Question #268293 in Microeconomics for BAT

Question #268293

if the price is higher than the origin what happened to the changes of quantity supply and quantity demand?


1
Expert's answer
2021-11-19T10:29:30-0500

If the price is higher than the origin ,there must have been an increase in the quantity demanded of a good by consumers and a decrease in the quantity supplied to the market by producers.


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