Suppose a market were currently at equilibrium. A rightward shift ...

[dalyningkenk]

Suppose a market were currently at equilibrium. A rightward shift of the supply curve would cause a(n)
 
  A) increase in price but a decrease in quantity.
  B) decrease in price but an increase in quantity.
  C) increase in both price and quantity.
  D) decrease in both price and quantity.

Question 2

Suppose a market were currently at equilibrium. A rightward shift of the demand curve would cause
 
  A) an increase in price but a decrease in quantity.
  B) a decrease in price but an increase in quantity.
  C) an increase in both price and quantity.
  D) a decrease in both price and quantity.

[jaykayy05]

Answer to Question 1

B

Answer to Question 2

C

[dalyningkenk]

Thank you

[jaykayy05]

Happy to help you