A rise in demand, with supply unchanged, raises equilibrium price and equilibrium _____.

### Why this is right An outward shift in demand means buyers want more at each price. With supply unchanged, the new intersection of demand and supply has a higher equilibrium price and quantity. ### The concept Comparative statics compares one equilibrium with another after a curve shifts. The note shows demand shifting outward as raising both equilibrium price and quantity; a demand decrease lowers both. This is different from a movement along a demand curve, which follows a change in own price rather than a shift in demand conditions. ### Terms - **Comparative statics**: comparison of equilibrium positions before and after a change in conditions. ### Remember With supply fixed, stronger demand raises both equilibrium price and quantity.