rexerlkman9833 rexerlkman9833
  • 30-01-2018
  • Business
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Assume that supply increases and demand decreases. what will most likely happen to quantity and price?

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davidguaj23
davidguaj23 davidguaj23
  • 30-01-2018
quantity increases while price drops. "The law of demand is a microeconomic law that states, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa." - investopedia.com 
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