A shift to the right of the supply curve, ceteris paribus, will result in... a) higher prices and lower quantity. b) lower prices and lower quantity. c) lower prices and higher quantity. d) higher prices and higher quantity.

When the supply curve shifts to the right, it indicates an increase in supply. This typically leads to a decrease in prices because there are more goods available in the market. As a result, consumers can purchase a higher quantity of the good due to the lower prices, making it more accessible. Therefore, the correct answer is c) lower prices and higher quantity. Understanding supply curve shifts in the context of market conditions is essential. For instance, if a new technology makes production cheaper, suppliers can produce more at a lower cost, adjusting the supply curve rightward. This exploration sheds light on how economic changes impact everyday transactions, like the price of your favorite snack!