Evaluate 3AB, where
Definitions:
Equilibrium
A state in which market supply and demand balance each other, resulting in stable prices and quantities.
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.
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