Figure 4.3 -Figure 4.3 Illustrates the Supply and Demand for Blue Jeans

Figure 4.3
-Figure 4.3 illustrates the supply and demand for blue jeans. If the actual price of blue jeans is $50, we would expect that:

A) demand will increase until quantity demanded equals quantity supplied.
B) price will decrease until quantity demanded equals quantity supplied.
C) no change will occur since the market is in equilibrium.
D) supply will decrease until quantity demanded equals quantity supplied.