If supply is unchanged, a rightward shift in the demand curve for gourmet ice cream will result in:
a) An increase in equilibrium quantity and a lower equilibrium price.
b) A decrease in equilibrium quantity and a higher equilibrium price.
c) A decrease in equilibrium quantity and a lower equilibrium price.
d) An increase in equilibrium quantity and a higher equilibrium price.
Answer: d) An increase in equilibrium quantity and a higher equilibrium price.
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What will be an ideal response?