(Table: Equilibrium Price, Quantity) Refer to the Table

question 6

Multiple Choice

(Table: Equilibrium Price, Quantity) Refer to the table. If thesupply curve for the product shifted to the right such that 10more units of the good are supplied at every price, what is thenew equilibrium price?

• A)$12
• B)$14
• C)$16
• D)$18

---

Definitions:

Proposition

A declaration or pronouncement that indicates an evaluation or stance, subject to being correct or incorrect.

Explanandum

An event or phenomenon that is to be explained.

Explanation

The process of making something clear or easy to understand by describing or giving details about it.

Electrical Wiring

A system of conductors and devices that transport electrical power or signals.