How are the equilibrium price and quantity affected when (a) both demand and supply curves shifts in the same direction? (b) demand and supply curves

Question

How are the equilibrium price and quantity affected when (a) both demand and supply curves shifts in the same direction? (b) demand and supply curves

How are the equilibrium price and quantity affected when
(a) both demand and supply curves shifts in the same direction?
(b) demand and supply curves shifts in opposite directions?

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

You need to draw various possibilities in which the curves shift.

5 views Answered 2023-02-05 15:29