Question

the law of supply and demand
assignment active
supply and demand curves
supply and demand equilibrium
as a result of the development shown on this graph
prices will most likely blank
options: rise, fall, remain the same
(graph: supply (blue upward line), demand d1 and d2 (red downward lines, d2 shifted right from d1). equilibrium points: d1 intersects supply at (q2, p1), d2 intersects supply at (q1, p2) where p2 > p1)

Explanation:

In the supply - demand graph, the demand curve shifts from \(D_1\) to \(D_2\) (rightward shift), which represents an increase in demand. When demand increases and supply remains the same, the equilibrium point moves, and according to the law of supply and demand, the price will rise as there is more competition for the same or similar quantity of goods (initially at \(P_1\), the new equilibrium price is \(P_2\) which is higher than \(P_1\)).

Answer:

rise