When both supply and demand for a good increases,the change in equilibrium quantity is indeterminate.

Name: When both supply and demand for a good increases,the change in equilibrium quantity is indeterminate.
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Quizplus · Accepted Answer

When both supply and demand for a good increase, the equilibrium quantity will increase, although the change in equilibrium price is indeterminate without knowing the relative magnitudes of the shifts in supply and demand.

When Both Supply and Demand for a Good Increases,the Change