When the supply curve shifts out (to the right)and the demand curve shifts out (to the right),the equilibrium price will:

Name: When the supply curve shifts out (to the right)and the demand curve shifts out (to the right),the equilibrium price will:
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Question

Quizplus · Accepted Answer

When both supply and demand curves shift to the right, the equilibrium quantity will definitely increase, but the effect on equilibrium price is indeterminate without knowing the relative magnitudes of the shifts.

When the Supply Curve Shifts Out (To the Right)and the Demand