1.3.4. The change in equilibrium on the marketSupply and demand decide the amount of the goods and the price of market balance. So when supply, demand change, the price and production of market balance changed. We have three cases:Case 1: Supply, demand change.Demand (supply): When the demand of a commodity rises, bow, Bridge Road to move to right, the way a constant supply. The market will balance at new balance point at which a new equilibrium price will be higher than the price balance of old and new balance amount will be greater than the old balance.This shows that when the bridge of a commodity increases, provided the item is not changed, then the whole amount of the purchase price on the market will increase.
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