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.
C
Economics
You might also like to view...
Depository institutions
What will be an ideal response?
Economics
Samara's income is $30 a month and she spends all of it on music downloads and gasoline. The price of a music download is $1.50 and the price of a gallon of gasoline is $3
At Samara's best affordable point, her marginal rate of substitution is ________ per video tape. A) 0.5 of a download B) 1 download C) 1.5 downloads D) 2 downloads
Economics