how does equilibrium price and quantity demand affected when
1.both demand and supply curves shift in the same direction
2.demand and supply shift in the opposite direction
(4 marks)
pls send the answer immediately!!!!

Dear student,

When both supply and demand increase in same proportion, equilibrium price remains unchanged and quantity increases. 


When both demand and supply decreases in same proportion, equilibrium price remains unchanged and output falls.


ii) When demand increases and supply decreases in same proportion, equilibrium price increases and quantity remains unchnaged.


When demand decreases and supply increases in same proportion, the equilibrium price decreases and quantity remains unchanged.


Regards