Exhibit 4.6 -For a Downward-Sloping Demand Curve, All Other Things Remaining Constant

question 48

Multiple Choice

Exhibit 4.6

-For a downward-sloping demand curve, all other things remaining constant, a rightward shift of the supply curve _____

• A) has no impact on the equilibrium price and quantity.
• B) decreases both the equilibrium price and equilibrium quantity.
• C) increases both the equilibrium price and equilibrium quantity.
• D) decreases the equilibrium price and increases the equilibrium quantity.
• E) increases the equilibrium price and decreases the equilibrium quantity.