Assume That the Demand Curve for Tablet Computers Shifts to the Right

Multiple Choice

Assume that the demand curve for tablet computers shifts to the right and the supply curve for tablet computers shift to the left, but the supply curve shifts less than the demand curve. As a result:

A) both the equilibrium price and quantity of tablet computers will decrease.
B) both the equilibrium price and quantity of tablet computers will increase.
C) the equilibrium price of tablet computers may increase or decrease; the equilibrium quantity will decrease.
D) the equilibrium price of tablet computers will increase; the equilibrium quantity will decrease.