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  • Price Increase

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    Nguyen My Khanh (K18 HCM)
    14 views1 page
    A price increase shifts the demand curve to the right from D1 to D2, resulting in a new equilibrium where both price and quantity sold are higher compared to the initial equilibrium.

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    A price increase shifts the demand curve to the right from D1 to D2, resulting in a new equilibrium where both price and quantity sold are higher compared to the initial equilibrium.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    14 views1 page

    Price Increase

    Uploaded by

    Nguyen My Khanh (K18 HCM)
    A price increase shifts the demand curve to the right from D1 to D2, resulting in a new equilibrium where both price and quantity sold are higher compared to the initial equilibrium.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Price increase

     D curve shift to the rightt


     D1to D2
     At new equilibrium
    + PE increase
    +Qe increase

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