Which of the Following Is True About the Market Equilibrium

Multiple Choice

Which of the following is true about the market equilibrium?

A) ​As the price increases, the quantity demanded and the quantity supplied increases.
B) ​As the price increases, the quantity demanded and the quantity supplied decreases.
C) ​As the price increases, the quantity demanded increases and the quantity supplied decreases.
D) ​As the price increases, the quantity demanded decreases and the quantity supplied increases.
E) ​As the price increases, neither the quantity demanded nor quantity supplied change.
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