Question

When both demand and supply change simultaneously real life examples?

Answer 1

Answer:

supply rises without a change in demand, it causes an increase in quantity and a decrease in prices.

Since increases in demand and supply separately both cause quantities to rise, an increase in both at the same time will also have to cause quantities to rise.

If they rise the same amount, the price stays the same.

Answer 2

Explanation:

If both demand and supply decrease, there will be a decrease in the equilibrium output, but the effect on price cannot be determined. 1. If both demand and supply decrease, consumers wish to buy less andfirms wish to supply less, so output will fall.