When demand curve shift rightward and supply curve shift leftward what impact this will have on pricing?

Price increases.

The correct answer is Option (3) → Price increases.

When the demand curve shifts rightward and the supply curve shifts leftward, both changes independently cause the equilibrium price to rise.

• A rightward shift in the demand curve indicates an increase in demand, which puts upward pressure on prices.

• A leftward shift in the supply curve indicates a decrease in supply, which also puts upward pressure on prices.

Since both forces are pushing the price in the same direction, the new market price will be higher than the original price.