Assume That the Demand Curve for Tablet Computers Shifts to the Right

question 105

Multiple Choice

Assume that the demand curve for tablet computers shifts to the right and the supply curve for tablet computers shift to the left, but the supply curve shifts more than the demand curve. As a result:

• A)both the equilibrium price and quantity of tablet computers will decrease.
• B)the equilibrium price of tablet computers will decrease; the equilibrium quantity will increase.
• C)the equilibrium price of tablet computers may increase or decrease; the equilibrium quantity will decrease.
• D)the equilibrium price of tablet computers will increase; the equilibrium quantity will decrease.

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