Effects of a Rightward Demand Shift
Which of the following is true when the demand curve shifts to the right?
A
The equilibrium price will be less than $0.25
B
The supply curve will shift to the left.
C
There is a decrease in the demand for wheat.
D
The quantity demanded for wheat will be less than 3,000 lbs.
E
The equilibrium price will be more than $0.25.