If good growing conditions increase the supply of strawberries and hot weather increases the demand for strawberries, the quantity of strawberries bought

Question

Quizplus · Accepted Answer

When both supply and demand increase, the quantity bought will increase. However, the effect on price is uncertain because the increase in supply tends to lower the price, while the increase in demand tends to raise it. The net effect on price depends on the relative magnitudes of the shifts in supply and demand.

If Good Growing Conditions Increase the Supply of Strawberries and Hot