Question

When the supply curve shifts out (to the right) and the demand curve shifts out (to the right), the equilibrium quantity will:a) increase.b) decrease.c) be indeterminate.d) There is not enough information to tell.Q

Answer 1

Answer:

increase.

Explanation:

When the supply curve shifts out, supply increases and price falls. When the demand curve increases, the demand increases and price increases. The overall effect on demand would be an increase in demand.

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