During the obama administration, the development of low-cost batteries for electric cars received large amounts of federal funding in terms of subsidies. meanwhile, american households gave a higher priority towards minimizing their environmental impact. consider the market for zero-emissions electric vehicles where there is an upward-sloping supply curve and a downward-sloping demand curve. which direction will demand and supply shift? demand will shift left and supply will shift right. both curves will shift left. both curves will shift right. demand will shift right and supply will shift left. what will happen to the equilibrium price? price decreases. price remains constant. change is ambiguous. price increases. what will happen to the equilibrium quantity? quantity decreases. change is ambiguous quantity remains constant. quantity increases.