Question

If _____, there will be a higher equilibrium price and quantity.

Responses

supply increases and demand stays the same
supply increases and demand stays the same

supply increases and demand increases
supply increases and demand increases

supply increases and demand decreases
supply increases and demand decreases

demand increases and supply stays the same
demand increases and supply stays the same

Answer 1

demand increases and supply stays the same

Explanation: An increase in demand (rightward shift) with no change in supply raises both the equilibrium price and equilibrium quantity.