When There Is an Increase in Both Supply and Demand,it

question 56

True/False

When there is an increase in both supply and demand,it is impossible to determine what happens to the equilibrium price unless the magnitudes of the supply and demand changes are known

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Definitions:

Chemical Reaction

A process that leads to the transformation of one set of chemical substances to another.

Capacitance

Capacitance is the property of an electrical component or circuit to store an electrical charge, measured in Farads, and is a fundamental aspect of capacitors and capacitive devices.

AC Power Supply

A device that provides electrical power in the form of alternating current (AC) to electronic devices and systems.

Energized Circuit

A circuit that is under voltage and capable of providing electrical power to connected devices or equipment.