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

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

Quizplus · Accepted Answer

The equilibrium quantity is indeterminate because the increase in supply tends to increase quantity, while the decrease in demand tends to decrease quantity. The net effect depends on the relative magnitudes of the shifts.

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