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If the market of a certain product experiences an increase in supply and an increase in demand, which of the following results is expected to
If the market of a certain product experiences an increase in supply and an increase in demand, which of the following results is expected to occur?
a. both equilibrium price and equilibrium quantity could rise or fall
b. equilibrium price would rise, and the equilibrium quantity could rise or fall
c. equilibrium price would fall, and the equilibrium quantity could rise or fall
d. equilibrium price could rise or fall, and the equilibrium quantity would rise
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