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Market Equilibrium: Shift in Demand & Supply When only Demand Changes • Increase in Demand • Decrease in Demand When only Supply Changes • Increase in Supply • Decrease in Supply When both Demand and Supply Change Both Demand and Supply Decrease • The decrease in demand = decrease in supply • The decrease in demand is greater than the decrease in supply • The decrease in demand is less than the decrease in supply Both Demand and Supply Increase • The increase in demand = increase in supply • The increase in demand is greater than the increase in supply • The increase in demand is less than the increase in supply Demand Decreases but Supply Increases • The decrease in demand = increase in supply • The decrease in demand is greater than the increase in supply • The decrease in demand is less than the increase in supply Demand Increases but Supply Decreases • Increase in demand = decrease in supply • The increase in demand is greater than the decrease in supply • The increase in demand is less than the decrease in supply For Business / Promotion Related Queries, contact: [email protected] You can also visit us at: / mgtclasses / managementclasses / managementclas1 / mgtclass