If Both the Supply and Demand Curves Shift to the Right

question 18

Multiple Choice

If both the supply and demand curves shift to the right, it can be concluded that there will be:

• A) a decrease in the equilibrium quantity sold
• B) a decrease in the equilibrium price
• C) an increase in the equilibrium quantity sold
• D) an increase in the equilibrium price

---

Definitions:

Radio Frequency Identification

A technology that uses electromagnetic fields to automatically identify and track tags attached to objects.

Distribution Centers

Facilities that store and distribute products and materials to retail locations, wholesalers, or directly to consumers, acting as a pivotal point in the supply chain.

Universal Product Codes

are unique 12-digit numbers used to identify retail products worldwide, facilitating the tracking, inventory, and sales processes.

Contractual Marketing System

A network of agreements between various parties in the distribution channel to promote, distribute, and sell products.