Exhibit 4.6 -For a Downward-Sloping Demand Curve, All Other Things Remaining Constant

Multiple Choice

Exhibit 4.6

-For a downward-sloping demand curve, all other things remaining constant, a rightward shift of the supply curve _____

A) has no impact on the equilibrium price and quantity.
B) decreases both the equilibrium price and equilibrium quantity.
C) increases both the equilibrium price and equilibrium quantity.
D) decreases the equilibrium price and increases the equilibrium quantity.
E) increases the equilibrium price and decreases the equilibrium quantity.