For the quantity exchanged in a market to remain the same, while the price increased, both supply and demand would have to shift to the right.

Question

Quizplus · Accepted Answer

If the quantity exchanged in a market remains the same while the price increases, it would indicate a movement along the demand curve (from a higher quantity demanded to a lower quantity demanded) but the same supply curve. This would only happen if the supply remained constant, while the demand decreased. Therefore, the correct option is B, that both supply and demand would not have to shift to the right.

For the Quantity Exchanged in a Market to Remain the Same