in-a-graph-where-both-demand-and-supply-curves-shift-right-what-can-be-inferred-

Question

In a graph where both demand and supply curves shift right, what can be inferred about the new equilibrium price and quantity?

Accepted Answer

Equilibrium price is indeterminate, but equilibrium quantity increases.

Answer

Equilibrium price and quantity both decrease.

Answer

Equilibrium price and quantity both increase.

Answer

Equilibrium price decreases, equilibrium quantity increases.