-If both the demand and the supply increase,it is impossible to say whether the price will rise or fall.

Question

Quizplus · Accepted Answer

When both demand and supply increase, the effect on price depends on the magnitude of the shifts. If demand increases more than supply, prices may rise. If supply increases more than demand, prices may fall. Therefore, without knowing the relative magnitudes of the changes, it's impossible to predict the direction of the price change.

-If Both the Demand and the Supply Increase,it Is Impossible