Question: Suppose demand and supply both shift simultaneously. If we know the direction of the shifts, but not the relative magnitude of the shifts, then we

Suppose demand and supply both shift simultaneously. If we know the direction of the shifts, but not the relative magnitude of the shifts, then
we will know the effect on price but not quantity.
we will know the effect on quantity but not price.
we will know the effect on both the price and the quantity.
we will know the effect on either the price or the quantity but not both.
Suppose demand and supply both shift simultaneously. If we know the

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