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What is the most likely real-world reason that we see an increase in price and an increase in the quantity sold?

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What is the most likely real-world reason that we see an increase in price and an increase in the quantity sold?

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The most logical answer would be an increase in demand.

  • For instance, let's say that there is a new scientific study that shows that blueberries are able to prevent Alzheimer's disease. When this news hits consumers, they will naturally want more blueberries. This will result in a shift of the demand curve to the right and the resulting equilibrium point will have a higher price of blueberries as well as a higher quantity sold as farmers decide to produce more blueberries to fulfill the higher demand.

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