Figure: Supply and Demand 2 
What happens as a result of the change in demand in the diagram?
A) a decrease in both the equilibrium price and the equilibrium quantity
B) an increase in both the equilibrium price and the equilibrium quantity
C) an increase in the equilibrium price and a decrease in the equilibrium quantity
D) a decrease in the equilibrium price and an increase in the equilibrium quantity
Correct Answer:
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