(Figure: Demand, Supply Shifts) in the Figure, the Initialdemand Curve

(Figure: Demand, Supply Shifts) In the figure, the initialdemand curve is D₁ and the initial supply curve is S₁. Resourceprices in this market increase; at the same time, the consumerpopulation declines as migration causes an outflow ofpopulation to other regions. What happens to the supply curveand/or demand curve?

A) S₁ shifts to S₂ but then shifts back to S₁.D₁ remains at D₁.
B) S₁ shifts to S₃ and D₁ shifts to D₂.
C) S₁ shifts to S₂ and D₁ shifts to D₃.
D) S₁ shifts to S₂ and D₁ shifts to D₂.