If the Supply Curve Shifts to the Right, and All

question 13

Multiple Choice

If the supply curve shifts to the right, and all else remains the same, there will be:

• A) an increase in equilibrium price
• B) a decrease in equilibrium quantity
• C) a decrease in both equilibrium price and quantity
• D) a decrease in equilibrium price

---

Definitions:

Public Good

A good that is non-excludable and non-rivalrous, meaning it can be consumed by many people without diminishing its availability to others.

National Defense

The protection and defense of a country against foreign threats and aggression, typically through military means.

Marginal Cost

The cost of producing one additional unit of a good.

Public Good

Goods that are non-excludable and non-rivalrous, meaning they can be used by multiple people simultaneously without diminishing availability to others.