Other things remaining same, a right shift in the demand curve will le

Other things remaining same, a right shift in the demand curve will lead to:

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

 

ANSWER

C

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00