Question
-For this writing assignment I do not want a written paper. Just state what happens to the equilibrium price and quantity. That is it. So,
-For this writing assignment I do not want a written paper. Just state what happens to the equilibrium price and quantity. That is it. So, for each question you will state... Equilibrium Price UP OR DOWN (Choose one) Equilibrium Quantity UP OR DOWN (Choose one) That is it. I do not want any further explanation. Please do not use complete sentences. I just want to know Equilibrium Price UP or DOWN AND Equilibrium Quantity UP OR DOWN as described above.
These are the four discussion questions: 1. If the demand for Donuts increases, what happens to the equilibrium price? Quantity? 2. If the demand for Donuts decreases, what happens to the equilibrium price? Quantity? 3. If the supply for Donuts increases, what happens to the equilibrium price? Quantity? 4. If the supply of Donuts decreases, what happens to the equilibrium price? Quantity?
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