If the supply curve shifts significantly to the right while the demand curve shifts slightly to the right, what is the likely outcome for equilibrium price and quantity?

• A. Equilibrium price increases, and equilibrium quantity decreases.
• B. Equilibrium price decreases, and equilibrium quantity increases.
• C. Equilibrium price is ambiguous, and equilibrium quantity decreases.
• D. Both equilibrium price and quantity increase.

Answer: (B)