The market for lemonade is currently in equilibrium and the price of lemons rises and supply will decrease, increasing the price and decreasing the quantity.
As lemon prices rise, the lemon supply curve shifts to the left. This means that for a given demand curve the equilibrium price has increased and the equilibrium quantity has decreased relative to the original level.
To get more consumers to buy soda, soda stand owners offer soda at discounted prices and shoppers increase demand. As demand increases, both equilibrium price and quantity increase. When demand decreases, both equilibrium price and equilibrium quantity decrease.
Equilibrium price goes up and equilibrium quantity is uncertain.
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