When a demand curve shifts, both the equilibrium price and quantity traded will change in the same direction as a result.

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When the demand curve shifts, it means that there has been a change in the factors affecting demand, such as income or consumer tastes. As a result, the market equilibrium will shift along the supply curve, and the price and quantity will change in the same direction as a result. For example, if demand increases, the equilibrium price will increase, and the equilibrium quantity will also increase. Similarly, if demand decreases, the equilibrium price will decrease, and the equilibrium quantity will also decrease.

When a Demand Curve Shifts, Both the Equilibrium Price and Quantity