Market Disequilibrium

Created by

OOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOO

Cards (16)

When Demand increases, Supply remains constant,
Price: Increases
Quantity: Increases
Total Revenue: Increases
When Demand decreases, Supply remains constant,
Price: Decreases
Quantity: Decreases
Total Revenue: Decreases
When Supply increases, Demand remains constant,
Price: Decreases
Quantity: Increases
Total Revenue: Uncertain
When Supply decreases, Demand remains constant,
Prices: Increase
Quantity: Decrease
Total Revenue: Uncertain
When Supply increase > Demand decrease,
Price: Decreases
Quantity: Increases
Total Revenue: Decreases
When Supply increase = Demand increase,
Price: Constant
Quantity: Increases
Total Revenue: Increases
When Supply increase > Demand increase,
Price: Decreases
Quantity: Increases
Total Revenue: Increases
When Supply increase < Demand increase,
Price: Increases
Quantity: Decreases
Total Revenue: Increase
When Supply decrease = Demand increase,
Price: Increases
Quantity: Constant
Total Revenue: Increases
When Supply decrease > Demand increase,
Price: Increases
Quantity: Decreases
Total Revenue: Increases
When Supply decrease < Demand increase,
Price: Increases
Quantity: Increases
Total Revenue: Increases
When Supply increase < Demand decrease,
Price: Decreases
Quantity: Decreases
Total Revenue: Decreases
When Supply increase = Demand decrease,
Price: Decreases
Quantity: Constant
Total Revenue: Decreases
When Supply decrease = Demand decrease, 
Price: Constant
Quantity: Decreases
Total Revenue: Decreases
When Supply decrease < Demand decrease,
Price: Decreases
Quantity: Decreases
Total Revenue: Decreases
When Supply decrease > Demand decrease,
Price: Increases
Quantity: Decreases
Total Revenue: Decreases