Price P ●●。●。●0●●●0●。 P; D D Q3 Quantity New Equilibrium Following Shift in Demand When the demand curve shifts to the right,the market clears at a higher price P3 and a larger quantity Q3. Quantity Price Q1 Q3 P3 P1 When the demand curve shifts to the right, the market clears at a higher price P3 and a larger quantity Q3 . S D New Equilibrium Following Shift in Demand D’