Question

PLEASE HELP WILL GIVE BRAINLY!!!!!!!!!!!!!!!!!!




Using the graph above, explain what will happen to equilibrium price and equilibrium quantity if demand shifts to the level indicated by D1. Use complete sentences.

Answer 1

Answer:

Hola Amigo! Here's ur answer :D

Explanation:

The equilibrium price is the only price where the desires of consumers and the desires of producers agree—that is, where the amount of the product that consumers want to buy (quantity demanded) is equal to the amount producers want to sell (quantity supplied).

Happy to Help!

Answer 2

Answer: the answer is B. 15

Explanation: i put b on edgunuity and got it right hope this helps!