What happens when supply and demand both increase?A.Quantity increases.B.Quantity decreases.C.Price increases.D.Price decreases.
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Solution 1
When both supply and demand increase, the effect on price can be uncertain and depends on the magnitude of the shifts. However, the quantity of the goods in the market generally increases. So, the answer is A. Quantity increases. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designe
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