If both the demand and supply curves shift to the right, what can be said about the new equilibrium price and quantity?

• A. Both the new equilibrium price and quantity will remain the same.
• B. The new equilibrium quantity will increase, but the change in price is uncertain.
• C. The new equilibrium price will increase, but the change in quantity is uncertain.
• D. Both the new equilibrium price and quantity will decrease.

Answer: (B)