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The price of the product will increase as a result from both shifts.

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Q: What happens when supply shifts to left and demand shift to the right?
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Related questions

The interest rate falls if Answer a money demand shifts left or money supply shifts right b either money demand or money supply shifts left c money demand shifts right or money supply shi?

a


What happens if demand shifts to the right and supply remains constant?

price will decrease, quantity will decrease.


What happens to demand when the supply curve shifts right?

there are two things in regards to demand. one is demand the other is quantity demanded. if the demand curve stays the same and supply curve shifts right, the price of the item will decrease and quantity demanded will also decrease


If supply shifts to the right and demand remains constant?

When supply shifts to the right and demand remains constant then there will be an excess of product. Prices for the product will fall as well.


What happens when the demand curve shifts to the right?

there are two things in regards to demand. one is demand the other is quantity demanded. if the demand curve stays the same and supply curve shifts right, the price of the item will decrease and quantity demanded will also decrease


What happens with an increase in deficit spending?

the demand for loanable funds will increase, interest rates will increase


Why does the supply curve increase or decrease?

The supply and demand curve follows four basic laws :If demand increases (demand curve shifts to the right) and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price.If demand decreases (demand curve shifts to the left) and supply remains unchanged, a surplus occurs, leading to a lower equilibrium price.If demand remains unchanged and supply increases (supply curve shifts to the right), a surplus occurs, leading to a lower equilibrium price.If demand remains unchanged and supply decreases (supply curve shifts to the left), a shortage occurs, leading to a higher equilibrium price.


What If demand shifts to the right and supply remains constant?

price will decrease, quantity will decrease.


Ceteris paribus the price level will fall when A The aggregate supply curve shifts to the left B The aggregate demand curve shifts to the left C The aggregate demand curve shifts to the right?

b


When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?

It shifts to the right.


When any effort by government cause the supply of a good to rise what happens to the supply curve for that good?

It shifts to the right.


When any effort by government causes the supply of a good to rise what happens to supply curve for that good?

It shifts to the right.