What Would Happen If Both Supply and Demand Increase

question 40

Multiple Choice

What would happen if both supply and demand increase?

• A) Equilibrium price would definitely increase.
• B) Equilibrium price would definitely decrease.
• C) Equilibrium quantity would definitely decrease.
• D) Equilibrium quantity would definitely increase.

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Definitions:

What Is Beautiful Is Good Effect

The assumption that physically attractive people will be superior to others on many other traits.

Talented

Having a natural aptitude or skill for something, particularly in the context of creative or intellectual abilities.

Successful

Achieving desired visions and planned goals through effectively managing tasks, coupled with having an impact or positive influence in the chosen area.

Physical Attractiveness

The degree to which a person's physical features are considered aesthetically pleasing or beautiful based on societal standards.