Draw this out to check your work) If the supply curve shifts to the left and the demand curve shifts to the right at the SAME TIME, equilibrium price will definitely increase and equilibrium quantity will   Group of answer choices   definitely increase. definitely decrease. definitely stay the same. either increase, decrease, or stay the same, dependin

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter4: Demand, Supply, And Market Equilibrium
Section: Chapter Questions
Problem 7P
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(Draw this out to check your work) If the supply curve shifts to the left and the demand curve shifts to the right at the SAME TIME, equilibrium price will definitely increase and equilibrium quantity will
 
Group of answer choices
 
definitely increase.
definitely decrease.
definitely stay the same.
either increase, decrease, or stay the same, depending on which curve shifts the farthest.
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