What happens to equilibrium quantity when simultaneously the demand curve shifts left and the supply curve shifts right?

Question

Quizplus · Accepted Answer

When both the demand curve shifts left (indicating a decrease in demand) and the supply curve shifts right (indicating an increase in supply), the effect on equilibrium quantity depends on the relative magnitudes of these shifts. If the increase in supply is greater than the decrease in demand, the equilibrium quantity could increase. Conversely, if the decrease in demand is greater than the increase in supply, the equilibrium quantity could decrease. If the shifts are of equal magnitude, the equilibrium quantity could remain the same. Therefore, without specific information on the magnitudes of the shifts, the outcome is indeterminate.

What Happens to Equilibrium Quantity When Simultaneously the Demand Curve