Consider the Market for a Good That Is Initially in Equilibrium.For

Multiple Choice

Consider the market for a good that is initially in equilibrium.For a given upward-sloping supply curve,an increase in demand will typically:

A) increase price but quantity could change in either direction.
B) increase quantity but price could change in either direction.
C) increase price but leave quantity unchanged.
D) decrease both quantity and price.
E) increase both quantity and price.