I am trying to understand the breakdown of the NASA lift formula, which is written as such
$L = C_L \frac{\rho v^2}{2}A$
If I take for example CL=0.87, v=20m/s, ρ=1.22kg/m3, and A=9.02m2, my equation looks like this so far: Lift = (1/2) * 0.87 * 1.22 * 20^2 * 9.02. Can any one of those values be increased for greater lift? If I doubled my velocity would I double the lift that the velocity provides? But if I added 25% to the surface area of the wing, my drag also increases. How does that factor into lift? By decreasing velocity?
Does this equation scale in that way? I apologize if it doesn't make sense, I am not sure how to word the question well.