Abstract
For a competitive market, using the competitive market structures three adjustment weights that Mallick (2014) defined, this paper derives general formulae of changes in equilibrium price and quantity that take in simultaneous changes in all the exogenous factors that are present in an ordinary demand and in a supply. From these general formulae, it then derives formulae for three special cases: parallel shifts in demand and supply, the demand and supply tilt about their respective quantity intercept, and the demand and supply tilt about their respect price intercept.
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