Practice mode Market

What does an increase (rightward shift) in the demand for a good tend to cause?

Correct answer C. An increase in the equilibrium price and quantity

Explanation

More demand at the old price creates a shortage, which bids the price up. Higher prices encourage producers to supply more, so both price and quantity end up higher.

Report a problem

Answer checked 11 October 2026 How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

What does an increase (rightward shift) in the demand for a good tend to cause?

Discussion

Have a question about this answer? Cancel reply

What does an increase (rightward shift) in the demand for a good tend to cause?

More Market questions

If both supply and demand for personal computers increase, what would we expect in that market?

Which statement is correct about the effect of a rise in the price of lettuce?

Consumer tastes shift towards eating apples. Which statement accurately describes the effect on the apple market?

For an inferior good, what does a rise in income cause?

Discussion

Have a question about this answer? Cancel reply