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Supply and Demand Together: One-sided Shifts
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Problem 10
Supply and Demand Together: One-sided Shifts
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3. Supply and Demand / Supply and Demand Together: One-sided Shifts / Problem 5
Problem 5
What typically happens to equilibrium price and quantity when supply shifts to the right?
A
Equilibrium price and quantity both decrease.
B
Equilibrium price increases, equilibrium quantity decreases.
C
Equilibrium price and quantity both increase.
D
Equilibrium price decreases, equilibrium quantity increases.
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