Refer to the graph below.The graph shows the market for a good. 
Identify a correct statement about the market.
A) The market equilibrium has shifted from point M to point K.
B) An increase in the supply of the good is more than the increase in the demand for the good.
C) The new market equilibrium price and quantity are both greater than the original market equilibrium price and quantity.
D) Point M is the new market equilibrium.
Correct Answer:
Verified
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