Suppose That the Equilibrium Price of T-Shirts Increases and the Equilibrium

Multiple Choice

Suppose that the equilibrium price of T-shirts increases and the equilibrium quantity of T-shirts decreases. This is best explained by:

A) an increase in the demand for T-shirts.
B) a decrease in the supply of T-shirts.
C) an increase in the supply of T-shirts.
D) a decrease in the demand for T-shirts.