Refer to the Information Provided in Figure 3

Multiple Choice

Refer to the information provided in Figure 3.19 below to answer the question(s) that follow. Figure 3.19
-Refer to Figure 3.19. The market is initially in equilibrium at Point A. If supply shifts from S₁ to S₂ and there is an excess demand of 6 cheeseburgers, the price of cheeseburgers will have

A) moved from $5.00 to $7.00.
B) moved from $7.00 to $5.00.
C) remained constant at $5.00.
D) remained constant at $7.00.