In Which of the Following Statements Are the Terms Demand

Multiple Choice

In which of the following statements are the terms demand, supply, quantity demanded, and/or quantity supplied used correctly?

A) When the quantity demanded exceeds supply, the equilibrium price will rise.
B) Changes in demand and supply cause changes in the equilibrium price.
C) If the demand rises, supply rises.
D) Oranges are cheaper in Florida; therefore, the demand is greater in Florida.
E) Decreases in quantity demanded and quantity supplied often occur simultaneously.