Question

Suppose from an equilibrium
position, the demand curve
shifts to the right with the
supply curve unchanged.
The new equilibrium will
comprise of
A)rise in price and quantity
B)fall in price and quantity
C)unchanged price and quantity
D)rise in price and fall in quantity
Koi

Answer 1

Answer:

option a

pl mark me as brainlist answer

Answer 2

Option A, is the correct answer.

From an equilibrium position, the demand curve shifts to the right with the supply curve unchanged. The new equilibrium will comprise of  rise in price and quantity.  

The shift in demand curve will be primarily due to change in factors other than the price of the commodity. It is a upward movement along the supply curve. This will result in excess demand.

See the graph below.