What would happen if both supply and demand increase?

Name: What would happen if both supply and demand increase?
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Quizplus · Accepted Answer

When both supply and demand increase, the equilibrium quantity would definitely increase because there is an increase in both consumers' willingness to buy goods and producers' willingness to supply goods. The change in equilibrium price would depend on the magnitude of the change in supply and demand, and it is not definite.

What Would Happen If Both Supply and Demand Increase