demand curve shifts to the right by more than the supply curve shifts to the right. In this case, the price of marijuana will

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter5: Supply, Demand, And Price: Applications
Section: Chapter Questions
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The demand curve shifts to the right by more than the supply curve shifts to the right. In this case, the price of marijuana will rise. ( Try to visualize the demand curve shifting to the right by more than the supply curve shifting to the right. Can you see the higher price on the vertical axis?)
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