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Complete the following table to show the impact of simultaneous shifts of demand and supply on equilibrium price and quantity.

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Complete the following table to show the impact of simultaneous shifts of demand and supply on equilibrium price and quantity.

Shift in Demand Shift in supply Quantity Price
Leftward Leftward
Rightward Rightward
Leftward Rightward
Rightward Leftward

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Shift in Demand Shift in supply Quantity Price
Leftward Leftward Decrease May increase decrease or remain unchanged
Rigthward Rightward Increase May increase decrease or remain unchanged
Leftward Rightward May increased decrease or remain unchanged
Rightward leftward May increase decrease or remain unchanged

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