If Both the Supply and the Demand Curves Shift to the Right

question 237

True/False

If both the supply and the demand curves shift to the right, quantity increases but the effect on equilibrium price is indeterminate.

---

Definitions:

Force Field Analysis

A method used to identify and examine the forces for and against a change or decision, developed by Kurt Lewin.

Barriers to Change

Factors or conditions that prevent or hinder the process of change within an organization or an individual's life.

Drivers for Change

Factors or forces that stimulate or precipitate change within an organization or system.

Force Field Analysis

A management technique developed by Kurt Lewin, used to identify and analyze the forces that influence a situation, helping in decision making and problem-solving.