asked 36.2k views
1 vote
Suppose demand increases and supply increases. which of the following will happen?

asked
User Jerrad
by
7.1k points

1 Answer

6 votes
if demand increases and supply increases, the one that will happen is : equilibrium quantity will increases
When this happen, the product will be sold like crazy on the market, which will lead to an increase in equilibrium quantity

hope this helps
answered
User Aravind A
by
8.5k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.