Study notes

Market Equilibrium - Decreasing Demand and Supply

  • Levels: GCSE, AS, A Level
  • Exam boards: AQA, Edexcel, OCR, IB, Other, Pre-U

The market equilibrium price and output will change when there is an inward shift of market demand and/or market supply

These shifts are shown the analysis diagrams below

An inward shift of market demand
An inward shift of market supply
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