Question

"A" represents the new quantity supplied, while "B" represents the new quantity demanded. What is the result of these changes? Based on this graph, what should happen to prices?
"A" represents the new quantity supplied, while "B" represents the new quantity demanded.

What is the result of these changes?



Based on this graph, what should happen to prices?

Answer 1

The supply and demand changes with respect to quantity of commodities in the market.

Changes due to supply and demand

The main result of new quantity demanded and new quantity supplied is the change occur in the amount of supply and demand because supply should be increase when the demand of a commodity is increased while on the other hand, when the supply increases the demand of a commodity decreases.

Demand and supply are interrelated to each other means when the demand increases supply decreases whereas when the supply increases demand decreases so we can conclude that the supply and demand changes with respect to quantity of commodities in the market.

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Answer 2

Answer:

✔ excess supply

✔ They should fall.

Explanation:

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