When both the supply and demand curves shift in the same direction, the change in equilibrium quantity will be in the same direction as the shifting curves.

Question

Quizplus · Accepted Answer

When both the supply and demand curves shift in the same direction, the change in equilibrium quantity will also shift in the same direction. This is because both shifting curves are influencing the market in the same way, causing a greater increase or decrease in quantity.

When Both the Supply and Demand Curves Shift in the Same