1 inflammatory diseases (such as Perthes' disease), and all chronic forms of arthritis (e.g. rheumatoid arthritis and gout). 2  In gout, uric acid crystals cause the cartilage to degenerate at a faster pace.
Equilibrium Price. When a product exchange occurs, the agreed upon price is called an equilibrium price, or a market clearing price. Graphically, this price occurs at the intersection of demand and supply as presented in Figure 1.ith no immediate change in consumers' willingness to buy crops, there is a movement along the demand curve to a new equilibrium. Consumers will buy more but only at a lower price. How much the price must fall to induce consumers to purchase the greater supply depends upon the elasticity of demand.
goods), or when the price of a good rises, the consumer. buys less of that good (buying other goods instead). SD-2) B. A movement along a demand curve is a change. in quantity demanded caused by a change in price. As. price rises, quantity demanded falls. SD-3) B. The substitution effect and income effect are the. two reasons people will buy less of a good as its price rises. (or more of a good as its price falls).