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Study Notes

Market Equilibrium - Decreasing Demand and Supply

Level:: A-Level, GCSE

Board:: AQA, Edexcel, IB, OCR

Last updated 22 Mar 2021

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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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