Examlex
Which of the following is FALSE?
Demand Decreases
A situation where the quantity of a product or service sought by buyers is less than it was previously, often leading to lower prices.
Supply Increases
Supply increases refer to a situation in which the availability of a product or service in the market rises, which can be due to factors such as improved production methods or increased raw material availability.
Equilibrium Price
The price at which the quantity of goods supplied is equal to the quantity of goods demanded.
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