Market for a good is in equilibrium. What is the effect on equilibrium price and quantity if both market demand and market supply of a good increase in the same proportion. Use diagram.

Market for a good is in equilibrium. What is the effect on equilibrium price and quantity if both market demand and market supply of the good increase in the same proportion? Use diagram.

Equilibrium price in the market is determined by the

The market for commodity A is in equilibrium. The price of its inputs rises. Explain its chain of effects on equilibrium price, quantity demanded and supplied with the help of a diagram.

Market for good X is in equilibrium. Suppose price of its substitute good Y falls.. Explain its effect on equilibrium price and quantity of good X. Use diagram.

Explain the effect of shift in demand on equilibrium price and quantity. Use diagram.