What happens to equilibrium price if both supply and demand increase

This video shows the potential outcomes for equilibrium price, if both the supply and demand curves shift right. The answer is unknown without knowing the magnitudes of the shifts, and this is explained.
We explain what happens to cause the changes in both supply and demand and then demonstrate the resulting effect that these changes have on the price. We can see from the video that there is definite direction that price must move but that is not the end of the story. We also have to take into account the magnitude of the changes to both supply and demand. Once we know the magnitude of the changes we can figure out the new equilibrium price and whether this equilibrium price will be higher or lower than the original market price. We can also then explore the equilibrium quantity to see how it compares to the original market quantity found in the beginning of the problem.
More info is available at www.freeeconhel...

[@ozlemluk4335]

Watching this in 2020, explains better than my teacher does. Thank you !

[@MrDhamiYT]

Yes❤

[@praneshbalasubramaniam8749]

same

[@atiasultana2754]

Same here :3

[@keithhudson3138]

Thank you!!! She fooled me on the midterm, but thanks to you, she won't get me on the final.

[@kimwilliams6782]

I was so totally confused about this, I kept moving my supply curve to the increasing price and not supply. Got it. and thanks. I just increased my test score. Very grateful for this illustration.

[@dhyeyapatel8688]

this video didnt help me with my assignment nor answer my question but your explanation was really great! probably even better than my teacher's

[@zihanzahid3282]

You students are lucky to have you as a teacher...

[@dalu4687]

Still here 2022. What an explanation

[@kennethalfonso1803]

Funny thing is this is my take home long test. I got a perfect with other questions and I'm the only one with a perfect due to this question, THANK YOUUU,

[@gaupoo2191]

I am little bit confused with that, why you increase the supply in three times but you didn't do it in the demand? So i just want to clarify the concept. Thx

[@jeffrysuryono7474]

Thank you ! This helps to answer my quiz !

[@rainbowsixODST]

So the trick to keep the price from increasing is to prevent uncontrolled-excess demand? I ask because I am trying to work out a systems for an effective price celling without causing a shortage in supply or other negative effects. Example: I want a cheese burger that cost $1.25 today to cost $1.25 in fifty years(no inflation in price over time). I am assuming to make that happen supply needs to keep up with demand but not exceed it over a certain point. Is this correct or have I missed something?

[@louismj3727]

How’s the supply shifting to the right and you are calling it increasing ? Isn’t it that if supply increases it shifts to the left

[@gabisalechisa7280]

When change of supply greater than demand

[@streetninja909]

Nice. Usually it is not a cut and dry answer

[@e281tangy]

Perfect, thank you!

[@garimasen3371]

Helped me!

[@MikeStephanus]

thanks i made a similar video for the same question for my econ class. this helped me understand my problem!

[@fatouconteh7794]

thank you

[@hariadhikari975]

Love From India

[@admiralackbarfan1234]

thank you!

[@user-ph6yt7xe5s]

not same proportion?

[@linkchibi]

thank you it was helpful :)

[@sameer209]

amazing

[@thinkpositive2417]

Why supply increase when price increase

[@danburge9556]

Supply increases when the price does, because companies (Firms) want maximize their profits!

[@lm-px6sk]

Watching in 2023. thank you

[@shibgu9337]

why tf am i learning this in 7th grade

[@mussaessa2598]

Qd=200_50P
Qs=70P_20

[@mussaessa2598]

Solve this question.....

[@cathyzhang6933]

I'm assuming the underscores are subtraction signs. P=11/6

[@Miracleshappen2222]

😍

[@user-zu8hj8rx5s]

Who's here in 2024😅🎉