Which of the following would result in a higher equilibrium quantity and an ambiguous change in equilibrium price?

Name: Which of the following would result in a higher equilibrium quantity and an ambiguous change in equilibrium price?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If both supply and demand increase, there will be a definite increase in equilibrium quantity. However, the effect on equilibrium price will depend on the magnitude of the shifts in both curves. Thus, the change in equilibrium price is ambiguous.

Which of the Following Would Result in a Higher Equilibrium