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(Solved): Which answer is correct? If demand and supply both increase: A. the quantity exchanged may either ...



If demand and supply both increase:
A. the quantity exchanged may either rise or fall.
B. supply curve shifts rightward and t

Which answer is correct?

If demand and supply both increase: A. the quantity exchanged may either rise or fall. B. supply curve shifts rightward and the demand curve shifts leftward. C. demand will become less elastic for any particular seller. D. price may either rise or fall, depending on which shift is larger. E. supply curve shifts leftward and demand curve shifts rightward.


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Demand Curve: Demand curve is that the graphical illustration of the demand schedule. Price is showed on the vertical axis and quantity demanded showe
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