A demand shift affectsMultiple Choicesellers' willingness to sell at various prices.buyers' willingness to purchase at various prices.sellers’ willingness to sell at the equilibrium price only.buyers’ willingness to purchase at the equilibrium price only.

The mechanism that induces changes in buyer and seller behavior until the quantities demanded and supplied are equalMultiple choice question.occurs as buyers and sellers pursue their own interests.is directed by senior government economists.

When a demand curve shifts to the rightMultiple Choicedemand has increased, so equilibrium price increases, and equilibrium quantity increases.demand has decreased, so equilibrium price decreases, and equilibrium quantity decreases.demand has increased, so supply also shifts to the right, and the equilibrium price increases.demand has decreased, so supply also shifts to the right, and the equilibrium price decreases.

When supply and demand meet at the equilibrium point, prices in the market willMultiple Choicetrend toward that price.change demand.change supply.stay put.trend away from that price.

Effects of shifts in demand and supply on market equilibrium

Multiple Choice QuestionA market experiencing a demand shift will see its equilibriumMultiple choice question.price change, but its quantity be unchanged.quantity change, but its price be unchanged.price and quantity both change.