When both the supply & demand shift to the right in the same magnitudes, what will be the effect on the equilibrium price and equilibrium quantity? A. The equilibrium price is the same, but the equilibrium quantity is higher B. The equilibrium price is higher, but the equilibrium quantity is the same C. The equilibrium price is lower but the equilibrium quantity is the same D. The equilibrium price is the same, but the equilibrium quantity is lower

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
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Chapter4: The Market Forces Of Supply And Demand
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 When both the supply & demand shift to the right in the same magnitudes, what will be the effect on the equilibrium price and equilibrium quantity? A. The equilibrium price is the same, but the equilibrium quantity is higher B. The equilibrium price is higher, but the equilibrium quantity is the same C. The equilibrium price is lower but the equilibrium quantity is the same D. The equilibrium price is the same, but the equilibrium quantity is lower
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