Answer:
If supply increases and demand decreases, equilibrium price will fall.
Explanation:
Equilibrium price is the price at which the price the price a buyer is willing to pay for a good is equal to the price the seller wishes to sell. On a demand-supply graph, it is the point of intersection of demand price and supply price. The quantity at which this happens is the equilibrium quantity.
A decrease in demand will result in the shift of the demand curve inward to the left, at the same time, an increase in supply will result in a shift of the supply curve outward to the right. The resultant effect on the demand-supply curve is decrease in the equilibrium price.
