If you look at the chart there, the equilibrium price is where the supply line and the demand line cross. Assuming supply remains the same, if demand decreases, the equilibrium price will decrease.
If supply increases, and demand decreases, price goes way down.
How many years have you worked in the egg business?
Buddy, this is econ 100. This applies to nearly every business.
https://en.wikipedia.org/wiki/Supply_and_demand
If you look at the chart there, the equilibrium price is where the supply line and the demand line cross. Assuming supply remains the same, if demand decreases, the equilibrium price will decrease.
If supply increases, and demand decreases, price goes way down.
Wiki probably explains it better.