kaveeshaabeysekera kaveeshaabeysekera
  • 01-05-2021
  • Business
contestada

how market forces would act to return the market to state of equilibrium at the new equilibrium position.

Respuesta :

anjumiraisa
anjumiraisa anjumiraisa
  • 01-05-2021

Answer:

market forces would shift upwards or downwards

Explanation:

during a situation of high demand, supply would shift to the right in order to achieve more sales or in a situation of high supply the demand can be shifted to the right by decreasing prices. At low supply demand can be shifted leftwards by increasing prices and when demand is lower, supply falls due to lower sales

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