Econ201
American Public University
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Week 2 Quiz (Chapter 3) - ECON201 I001 Winter 2022 - APEI (answered)
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---12februari 20222021/2022
- Week 2 Quiz (Chapter 3) - ECON201 I001 Winter 2022 - APEI. 
 
A shift of a demand curve to the right, all other things unchanged, will: 
- A. increase equilibrium price and quantity. 
 
B. decrease equilibrium price and quantity. 
 
C. decrease quantity and increase price. 
 
D. increase quantity and decrease price. 
 
If the current price is above the equilibrium price, we would expect: 
- A. quantity demanded to exceed quantity supplied. 
 
B. upward pressure on price. 
 
C. quantity suppli...
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