Question: As price declines, quantity demanded rises but quantity supplied does not change. Draw the supply and demand curves that represent this state of affairs.

As price declines, quantity demanded rises but quantity supplied does not change. Draw the supply and demand curves that represent this state of affairs.

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As price declines, quantity demanded rises but quantity supplied does not change. Draw the supply and demand curves that represent this state of affairs.

As price declines, quantity demanded rises and quantity supplied falls. Draw the supply and demand curves that represent this state of affairs.

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