Other Things Remaining Same,a Rightward Shift in the Demand Curve

question 11

Multiple Choice

Other things remaining same,a rightward shift in the demand curve will lead to a(n) ________.

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

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Definitions:

Shah Tamasp

A significant ruler of the Safavid dynasty in Iran, known for his patronage of the arts, including the development of Persian carpet weaving.

Mughal Artists

Artists from the Mughal period in India, known for their detailed and richly colored works, often featuring themes of court life, history, and nature.

Persian

Relates to the historical empire located in modern-day Iran, known for its significant cultural, architectural, and artistic contributions to world heritage from around 550 BCE to 651 CE.

India Independence

Refers to the end of British rule in India and the birth of a separate, independent nation on August 15, 1947.