Suppose That Initially, the Equations for Demand and Supply Are

Multiple Choice

Suppose that initially, the equations for demand and supply are Qd = 48 - 4P and Qs = 4P - 16, respectively.If the quantity supplied increases by 4 at every price (so that the supply curve shifts to the right) , the equilibrium price will change from:

A) $8 to $7.50.
B) $8 to$12.2.2.2.
C) $12 to$8.
D) $7.50 to$8.