Figure 7-A -Refer to Figure 7-A.In Graph A, the Market Demand Has

Figure 7-A
-Refer to Figure 7-A.In Graph A, the market demand has increased from d₀ to d₁, and as a result:

A) both the market price and the price of the price-taking firm have risen to $6.
B) both the market price and the price of the price-taking firm have fallen to $5.
C) the quantity of goods transacted in the market has fallen from Q₁ to Q₀.
D) at the new equilibrium price, the firm will be unable to sell any of its output.
E) the market price has increased to $6, but the price of the price-taking firm remains equal to $5.