The equilibrium price decreases if there were an increase in and an increase in.
The equilibrium price is the balance of demand and supply factors. Prices tend to return to this equilibrium unless the characteristics of demand or supply change. Equilibrium price changes occur when either demand or supply, or both, shift or move.
In economics, economic equilibrium is a situation in which economic forces such as demand and supply are in balance, and the values of economic variables do not change without external influences.
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