-Refer to the Above Graph to Answer This Question

Multiple Choice

-Refer to the above graph to answer this question.How could you describe the movement from point C to point D?

A) A decrease in demand which leads to a decrease in the equilibrium price and a decrease in supply.
B) A decrease in supply which leads to an increase in the equilibrium price and a decrease in demand.
C) A decrease in demand which leads to a decrease in the equilibrium price and a decrease in the quantity supplied.
D) A decrease in supply which leads to a decrease in the equilibrium price and a decrease in the quantity demanded.
E) A decrease in demand which leads to an increase in the equilibrium price and a decrease in supply.