10.0/ 10.0 Points10.0/ 10.0 Points10.0/ 10.0 PointsWeek 2 Quiz (Chapter 3)Return to Assessment ListPart 1 of 3 -100.0/ 100.0 PointsQuestion 1 of 19A 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.Answer Key:
AQuestion 2 of 19If the current price is above the equilibrium price, we would expect:
CQuestion 3 of 19Demand is defined as:A. an amount that is purchased at a specific price, given supply.ECON201 B006 Spr 20Tests & QuizzesTests & QuizzesYou can access the new Success Center via the left hand navigation in your classrooms. This tool is updatedregularly and provides access to hundreds of relevant resources geared towards your academic and professionalgoals. Check it out!