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6 July, 04:15

When both the demand and supply curves shift, the curve that shifts by the larger magnitude determines the effect on the undetermined equilibrium object.?

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  1. 6 July, 07:43
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    The answer is No and we know this because it doesn't consider the relative elasticises of supply and demand. For example, If demand decreases then the price decreases but if the supply decreases the proces will not be affected.
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