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Effect on Price after Quantity Demanded Increases (1 Viewer)

Redyapper

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Hey, here's a general economics question that should be common sense but I'm just struggling for some reason:
If the quantity demanded of Coke increases, price should also increase. But then, would demand then go back down to what it was originally? Or since a new equilibrium was reached, would everything remain unchanged?

THanks
 
Last edited:

OzKo

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Demand wouldn't go down because the increase in demand was independent of the original price.
 

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