Which of the following events will definitely cause equilibrium quantity to rise?

Name: Which of the following events will definitely cause equilibrium quantity to rise?
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Question

Quizplus · Accepted Answer

An increase in both demand and supply will definitely cause equilibrium quantity to rise. This is because there is an increase in both the willingness and ability of consumers to purchase goods and the willingness and ability of producers to supply goods, leading to an increase in the quantity at which the market clears.

Which of the Following Events Will Definitely Cause Equilibrium Quantity