If both the demand curve and the supply curve shift to the right, we can unambiguously conclude that the

If both the demand curve and the supply curve shift to the right, we can unambiguously conclude that the

A) market clearing price will increase. B) market clearing price will decrease. C) equilibrium quantity will increase. D) equilibrium quantity will decrease.

Suppose that your personal valuation for a painting is $200 . Which auction format would induce you to bid more?

a. First price. b. Second price. c. You would bid the same in any format. d. Depends on the environment.