When supply shifts to the right and demand stays constant, the equilibrium price ________ and the equilibrium quantity ________.Group of answer choicesincreases; decreasesdecreases; increasesincreases; increasesstays the same; increasesdecreases; decreases

When supply shifts to the right and demand stays constant, this means that there is an increase in the supply of a product while the demand for it remains the same.

Step 1: Understand the shift in supply A shift to the right in the supply curve means that suppliers are willing and able to produce and sell more of the product at each price. This could be due to various reasons such as improvements in technology, decrease in cost of production, etc.

Step 2: Understand the constant demand When demand stays constant, it means that the quantity demanded by consumers does not change at different price levels. The demand curve does not shift.

Step 3: Determine the effect on equilibrium price When supply increases and demand remains constant, there is a surplus of the product in the market. To sell this surplus, suppliers will lower the price. Therefore, the equilibrium price decreases.

Step 4: Determine the effect on equilibrium quantity With a lower price, consumers are willing to buy more of the product. Therefore, the equilibrium quantity increases.

So, the correct answer is: decreases; increases.