Suppose a Market Experiences an "Increase in Supply", While the Demand

Multiple Choice

Suppose a market experiences an "Increase in Supply", while the Demand Curve remains constant. Predict the correct changes in the equilibrium price and equilibrium quantity that are produced by the "increase in supply":

A) The Equilibrium Price remains constant, and the Equilibrium Quantity Increases.
B) The Equilibrium Price increases, and the Equilibrium Quantity Increases.
C) The Equilibrium Quantity remains constant, and the Equilibrium Price increases.
D) The Equilibrium Quantity increases, and the Equilibrium Price decreases.
E) The Equilibrium Quantity decreases, and the Equilibrium Price increases.