If the demand curve shifts rightward, the

Name: If the demand curve shifts rightward, the
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If the demand curve shifts rightward, it means that consumers are willing to buy more at every price. This will create a shortage in the market at the current price level. To reduce the shortage, sellers will increase the price until they attain a new equilibrium point where the quantity demanded is equal to the quantity supplied. Therefore, the price in the market will increase.

If the Demand Curve Shifts Rightward, the