If Supply Is Unchanged,a Rightward Shift in the Demand Curve

question 10

Multiple Choice

If supply is unchanged,a rightward shift in the demand curve for gourmet ice cream will result in:

• A) A decrease in equilibrium quantity and a higher equilibrium price.
• B) An increase in equilibrium quantity and a higher equilibrium price.
• C) A decrease in equilibrium quantity and a lower equilibrium price.
• D) An increase in equilibrium quantity and a lower equilibrium price.