assume that both the demand curve and the supply curve for 3d printers shift to the right but the supply…

assume that both the demand curve and the supply curve for 3d printers shift to the right but the supply curve shifts more than the demand curve. as a result, \n\na. the equilibrium price of 3d printers will decrease; the equilibrium quantity will increase.\n\nb. both the equilibrium price and quantity of 3d printers will decrease.\n\nc. the equilibrium price of 3d printers will increase; the equilibrium quantity will decrease.\n\nd. the equilibrium price of 3d printers may increase or decrease; the equilibrium quantity will decrease.

assume that both the demand curve and the supply curve for 3d printers shift to the right but the supply curve shifts more than the demand curve. as a result, \n\na. the equilibrium price of 3d printers will decrease; the equilibrium quantity will increase.\n\nb. both the equilibrium price and quantity of 3d printers will decrease.\n\nc. the equilibrium price of 3d printers will increase; the equilibrium quantity will decrease.\n\nd. the equilibrium price of 3d printers may increase or decrease; the equilibrium quantity will decrease.

Answer

Brief Explanations:

When both demand and supply curves shift to the right, it means an increase in both demand and supply. Since the supply curve shifts more than the demand curve, the increase in supply has a stronger impact on the market. An increase in supply tends to lower prices and an increase in both supply and demand generally increases the equilibrium quantity.

Answer:

A. the equilibrium price of 3D printers will decrease; the equilibrium quantity will increase.