Explore BrainMass
Share

Explore BrainMass

    change in the equilibrium price

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    In the short run, a change in the equilibrium price will
    always lead to inflation
    cause a shift in the demand curve
    cause a shift in the supply curve
    cause a change in the quantity demanded or supplied.

    © BrainMass Inc. brainmass.com October 9, 2019, 8:28 pm ad1c9bdddf
    https://brainmass.com/economics/general-equilibrium/change-equilibrium-price-152070

    Solution Summary

    The solution lists effects of a change in the equilibrium price.

    $2.19