It is certain that the equilibrium quantity will rise when:
A)the supply curve and the demand curve both shift to the right.
B)the supply curve shifts to the right and the demand curve shifts to the left.
C)supply and demand both shift to the left.
D)supply shifts to the left and demand stays the same.

Question

Quizplus · Accepted Answer

When both the supply curve and the demand curve shift to the right, it indicates that both the quantity demanded and the quantity supplied have increased. This increase in both supply and demand will result in an increase in the equilibrium quantity.

It Is Certain That the Equilibrium Quantity Will Rise When