If both demand and supply increase, what will be the effect on the equilibrium price and quantity?

Question

Quizplus · Accepted Answer

When both demand and supply increase, the quantity will definitely increase because more is being produced and more is wanted. However, the effect on price is uncertain without knowing the relative magnitudes of the shifts in demand and supply. If demand increases more than supply, price could rise. If supply increases more than demand, price could fall. If they increase by the same amount, price might stay the same.

If Both Demand and Supply Increase, What Will Be the Effect