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An increase in the demand for a commodity (rightward shift of the demand
Economics
Market Mechanism: Equilibrium Price and Quantity in a Competitive Market
Question
Updated
19 Aug 2026
An increase in the demand for a commodity (rightward shift of the demand curve) would result in ______.
A
Choose Your Answer
A
an increase in equilibrium price only
B
an increase in equilibrium quantity only
C
increase in both equilibrium price and equilibrium quantity
D
decrease in equilibrium quantity
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