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<html><body><h2 id="content-id-7069214835-2"><b>Concepts Of Demand And Supply Questions Overview</b></h2><p>Concepts Of Demand And Supply Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Concepts Of Demand And Supply Questions.</p><h2 id="content-id-2915384706-3"><b>Question On Concepts Of Demand And Supply </b></h2>If there is a fall in the demand of a good, the equilibrium price is expected to:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 35 Seconds </h3></div></div><h2 id="content-id-9684723150-4"><b> Concepts Of Demand And Supply Questions Options</b></h2><ol><li><p>fall</p>
</li><li><p>neither fall nor rise</p>
</li><li><p>rise</p>
</li><li><p>first rise, and then fall sharply</p>
</li></ol> <h2 id="content-id-1357420689-5"><b> Concepts Of Demand And Supply Questions Solution</b></h2><p>The correct answer is <strong>option 1</strong> i.e. <strong>fall.</strong></p>

<p>When there is a fall in the demand for a good, it typically leads to a decrease in its equilibrium price. This is because, with lower demand, sellers may reduce prices to attract buyers and clear their inventories, thereby pushing the equilibrium price downwards.</p>
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The correct answer is option 1 i.e. fal - Concepts Of Demand And Supply Questions are asked in Ssc Cgl exams and your question has been explained by experts like Neetu Mam.

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