When the demand and supply of grapes both increase at the same time, what will this result in?

Question

Quizplus · Accepted Answer

When both demand and supply increase at the same time, the quantity of grapes bought and sold will rise. This is because there are more grapes available for sale, and consumers are willing to buy more at the given price. The price may remain the same or even rise, depending on the extent of the increase in demand and supply.

When the Demand and Supply of Grapes Both Increase at the Same