![Principles of Macroeconomics 2e, Demand and Supply, Shifts in Demand and Supply for Goods and Services | OpenEd CUNY Principles of Macroeconomics 2e, Demand and Supply, Shifts in Demand and Supply for Goods and Services | OpenEd CUNY](https://s3.amazonaws.com/microsite-cuny-prod/media/courseware/openstax/m63602/CNX_Econ_C03_026.jpg)
Principles of Macroeconomics 2e, Demand and Supply, Shifts in Demand and Supply for Goods and Services | OpenEd CUNY
![How are the equilibrium price and quantity affected when demand and supply curves shift in the opposite direction? How are the equilibrium price and quantity affected when demand and supply curves shift in the opposite direction?](https://search-static.byjusweb.com/question-images/byjus/infinitestudent-images/ckeditor_assets/pictures/217586/content_006.png)
How are the equilibrium price and quantity affected when demand and supply curves shift in the opposite direction?
![3.2 Shifts in Demand and Supply for Goods and Services – Principles of Microeconomics – Hawaii Edition 3.2 Shifts in Demand and Supply for Goods and Services – Principles of Microeconomics – Hawaii Edition](http://pressbooks.oer.hawaii.edu/principlesofmicroeconomics/wp-content/uploads/sites/5/2018/05/CNX_Econ_C03_022.jpg)
3.2 Shifts in Demand and Supply for Goods and Services – Principles of Microeconomics – Hawaii Edition
![If a market begins in equilibrium and then supply curve shifts rightward, at the original equilibrium price, a: a) Shortage is created, which is eliminated by the demand curve shifting further to If a market begins in equilibrium and then supply curve shifts rightward, at the original equilibrium price, a: a) Shortage is created, which is eliminated by the demand curve shifting further to](https://homework.study.com/cimages/multimages/16/supply_shift2029635034045947165.png)
If a market begins in equilibrium and then supply curve shifts rightward, at the original equilibrium price, a: a) Shortage is created, which is eliminated by the demand curve shifting further to
![If the demand and supply curves for a commodity shift to the right and the shift in demand is greater than the shift in supply, then in comparison to the initial equilibrium, If the demand and supply curves for a commodity shift to the right and the shift in demand is greater than the shift in supply, then in comparison to the initial equilibrium,](https://homework.study.com/cimages/multimages/16/0017257857584801068699.jpg)