Question

als medical research funds: the als ice bucket challenge goes viral, leading to greater awareness of the benefits of and need for als research. as a result, the supply of and demand for als research increase(s), causing the equilibrium price (or opportunity cost) of such research to rise, fall, or remain unchanged and the equilibrium quantity to rise, fall, or remain unchanged .

Answer 1

The equilibrium price of als research would not change.

The equilibrium quantity of als research would rise.

What would happen to equilibrium price and quantity?

When the demand for als research increase, there would a shift to the right of the demand curve for als research. This would lead to a rise in the price and quantity of als research.

When the supply for als research increase, there would a shift to the right of the supply curve for als research. This would lead to a decrease in the price and an increase in the quantity of als research.

Taking these two effects together, there would a rise in equilibrium quantity and no change in equilibrium price.

For more information about the change in demand, please check: brainly.com/question/25871620

#SPJ1