Respuesta :
It is certain that the equilibrium price will rise when the supply curve shifts to the left and the demand curve shifts to the right.
What Is a Supply Curve?
The supply curve is a graphic representation of the correlation between the cost of a good or service and the quantity supplied for a given period. In a typical illustration, the price will appear on the left vertical axis, while the quantity supplied will appear on the horizontal axis.
The Factors Can Affect the Supply Curve:
The supply curve can shift based on several factors including changes in production costs (e.g., raw materials and labor costs), technological progress, the level of competition and number of sellers/producers, and the regulatory & tax environment.
What Is the Demand Curve?
The demand curve is the complement to the supply curve, in the law of supply and demand. Unlike the supply curve, the demand curve is downward-sloping, since the higher the price of a good, the less demand there will be for it, all else equal.
The Factors Can Affect the Demand Curve:
Demand is influenced by the amount of disposable income available to consumers along with consumer preferences. The presence of viable substitutes or alternatives can also shift the demand curve.
Therefore, we can conclude that the correct option is B.
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