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If the Demand and Supply Both Increase Equally,then the Equilibrium

question 24

Multiple Choice

If the demand and supply both increase equally,then the equilibrium price ________ and the equilibrium quantity ________.


Definitions:

Stages

Sequential phases that represent steps in a process of development or a series of events.

Visual Interest

An aspect of visual design that evokes a sense of curiosity or engagement in viewers, often through contrast, color, pattern, or composition.

Newborns

Infants from birth to one month old, in the earliest stage of life outside the womb.

Facelike Image

An arrangement or pattern recognized by the human brain as resembling the features of a human face.

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