What happens to the equilibrium price and equilibrium quantity of a good if both the producers?

What happens to the equilibrium price and equilibrium quantity of a good if both the producers? What happens to the equilibrium price and equilibrium quantity of a good if both the producers and the consumers of that good expect its price to be higher in the future? The equilibrium price will go up and equilibrium … Continue reading What happens to the equilibrium price and equilibrium quantity of a good if both the producers?