A rightward shift of the supply curve will lead to a(n)
A) decrease in equilibrium price.
B) excess supply at the old equilibrium price.
C) increase in quantity demanded.
D) All of the above.
D
Economics
You might also like to view...
Tying is a form of price discrimination in which one good called the ____ is tied to a second good called the ____.
Fill in the blank(s) with the appropriate word(s).
Economics
An increase in the price of crude oil, a basic input into the production of gasoline, is likely to
A. put downward pressure on the price of gasoline. B. put upward pressure on the price of gasoline. C. decrease the demand for gasoline. D. increase the quantity of gasoline demanded.
Economics