What happens to equilibrium price if both supply and demand increase?

If both supply and demand go up, the equilibrium price might not change much, or it could even get a little lower.

Imagine you're at a lemonade stand. You're the seller (supplier) and your friends are the buyers (demanders). One day, you decide to make more lemonade because you got extra lemons (supply increases). At the same time, more of your friends come by because it's a sunny day (demand increases).

Now there are two things happening at once:

• You're selling more lemonade.
• Your friends want to buy more lemonade.

If both sides go up, supply and demand, the price of lemonade might stay about the same, or it could even go down a little, like when you give your friends a discount because there are so many of them.

It’s like when both the number of kids wanting candy and the number of kids bringing candy to share go up at a party. The amount of candy each kid gets might not change much, or maybe they get more candy to share!