When the equilibrium price fell and the equilibrium quantity remained constant, then there was a decrease in demand and increase in supply.
What is the level of equilibrium?
The level of equilibrium in the economics means that the price and quantity of any product gets equal. This situation clearly defined that there is a position where the demand equals price and quantity, and there is no shortage and goods remain in the market.
Therefore, When the equilibrium price fell while the equilibrium quantity remained constant, demand fell while supply raise, For complete question, refer to the image given below.
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