Solved

Other Things Remaining Same,a Rightward Shift in the Demand Curve

Question 11

Multiple Choice

Other things remaining same,a rightward shift in the demand curve will lead to a(n) ________.


A) increase in the equilibrium price and the equilibrium quantity
B) decrease in the equilibrium price and the equilibrium quantity
C) decrease in the equilibrium price and an increase in the equilibrium quantity
D) increase in the equilibrium price and a decrease in the equilibrium quantity

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions