What effect will a decrease in demand and an increase in supply have on equilibrium price?

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Question:
What effect will a decrease in demand and an increase in supply have on equilibrium price?

1.Equilibrium price will fall

2.Equilibrium price will rise

3.Equilibrium price will be constant

4.Sometimes price will rise and sometimes it will fall

Posted Date:-2022-01-29 16:40:51

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