For a Given Upward-Sloping Supply Curve,an Increase in Demand for Chocolate

Multiple Choice

For a given upward-sloping supply curve,an increase in demand for chocolate chips will result in a:

A) higher equilibrium price and a lower equilibrium quantity.
B) lower equilibrium price and a lower equilibrium quantity.
C) lower equilibrium price and a higher equilibrium quantity.
D) higher equilibrium price and a higher equilibrium quantity.
E) decrease in the quantity supplied of chocolate chips.