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How consumers behaviour affect market equilibrium
How consumers behaviour affect market equilibrium
Answer
If consumer's don't buy goods then the seller will lower the price which will affect the equilibrium, again if consumers start to buy goods unlimited the seller will higher the price then it will also affect the equilibrium.
Hope I helped you.
Best of luck.
Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 12 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 93 views.