How are the equilibrium price and quantity affected when (a) both demand and supply curves shifts in the same direction? (b) demand and supply curves shifts in opposite directions?

How are the equilibrium price and quantity affected when (a) both dem

1.	How are the equilibrium price and quantity affected when (a) both demand and supply curves shifts in the same direction? (b) demand and supply curves shifts in opposite directions?
Answer» <html><body><p></p>Solution :You need to <a href="https://interviewquestions.tuteehub.com/tag/draw-959456" style="font-weight:bold;" target="_blank" title="Click to know more about DRAW">DRAW</a> various <a href="https://interviewquestions.tuteehub.com/tag/possibilities-1160393" style="font-weight:bold;" target="_blank" title="Click to know more about POSSIBILITIES">POSSIBILITIES</a> in which the <a href="https://interviewquestions.tuteehub.com/tag/curves-941810" style="font-weight:bold;" target="_blank" title="Click to know more about CURVES">CURVES</a> <a href="https://interviewquestions.tuteehub.com/tag/shift-1205367" style="font-weight:bold;" target="_blank" title="Click to know more about SHIFT">SHIFT</a>.</body></html>