Micro Unit 2, Question 5: Double Shifts in Supply and Demand

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Business
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11th Grade - University
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Hard
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Discuss the relationship between price and quantity when the demand curve shifts further up.
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the expected outcome for price and quantity when both demand increases and supply shifts to the right?
Evaluate responses using AI:
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