Fill in the Table Below, Showing Whether Equilibrium Price and Equilibrium

question 138

Essay

Fill in the table below, showing whether equilibrium price and equilibrium quantity go up, go down, stay the same, or change ambiguously.
$$\begin{array} { | l | l | l | l |} \hline & \text { No Change in Supply } & \text { An Increase in Supply } & \text { A Decrease in Supply } \\\hline \begin{array} { l } \text { No Change in } \\\text { Demand }\end{array} & & & \\\hline \text { An Increase in } & & & \\ \text { Demand } & & & \\\hline \text { A Decrease in } & & & \\\text { Demand } & & & \\\hline\end{array}$$

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Definitions:

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