If the Market for a Good Is Initially in Equilibrium

question 132

Multiple Choice

If the market for a good is initially in equilibrium and there is a rightward shift of the demand curve,then

• A) the equilibrium price will fall
• B) there will be a rightward movement along the supply curve
• C) the supply curve will also shift to the right
• D) the supply curve will shift to the left
• E) the demand curve will shift back as consumers react to the higher equilibrium price

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