In the above figure, in order for the equilibrium price to remain constant while the equilibrium quantity increases, the

Question

Quizplus · Accepted Answer

For the equilibrium price to remain constant while the equilibrium quantity increases, both the supply and demand curves must shift rightward. This indicates an increase in both supply and demand, which can lead to a higher quantity being exchanged without changing the equilibrium price, assuming the shifts are of equal magnitude.

In the Above Figure, in Order for the Equilibrium Price