How do the forces of demand and supply determine the equilibrium price – InterviewSolution

1.	How do the forces of demand and supply determine the equilibrium price?
Answer» TION:SUPPLY and demand is an economic model of price determination in a market. ... If demand INCREASES and supply REMAINS unchanged, then it leads to higher equilibrium price and higher quantity. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and lower quantity.hope it helps you friend

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