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-Assume Supply and Demand Both Shift to the Right So

Question 21

Multiple Choice

  -Assume supply and demand both shift to the right so that D2 and S2 are now the relevant curves.The new equilibrium occurs at a price of _______ and ______ units exchanged. A)  $90;50 B)  $60;20 C)  $60;40 D)  $30;30 E)  $30;70
-Assume supply and demand both shift to the right so that D2 and S2 are now the relevant curves.The new equilibrium occurs at a price of _______ and ______ units exchanged.


A) $90;50
B) $60;20
C) $60;40
D) $30;30
E) $30;70

Correct Answer:

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