what-typically-happens-to-equilibrium-price-and-quantity-when-supply-shifts-to-t

Question

What typically happens to equilibrium price and quantity when supply shifts to the right?

Accepted Answer

Equilibrium price decreases, equilibrium quantity increases.

Answer

Equilibrium price and quantity both decrease.

Answer

Equilibrium price increases, equilibrium quantity decreases.

Answer

Equilibrium price and quantity both increase.