Figure: Supply-Driven Price Change 
Refer to the figure. When the supply curve shifts from S0 to S1, the equilibrium price rises to:
A) $12 and the equilibrium quantity falls to 70.
B) $10 and the equilibrium quantity falls to 100.
C) $12 and the equilibrium quantity falls to 40.
D) $10 and the equilibrium quantity falls to 70.
Correct Answer:
Verified
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