Suppose Consumer Preference for Beef Starts to Rise While the Cost

Multiple Choice

Suppose consumer preference for beef starts to rise while the cost of raising beef continues to rise.In the market for beef,this would be represented by the equilibrium price ________ and the equilibrium quantity ________.

A) increasing;increasing or decreasing
B) decreasing;increasing or decreasing
C) increasing or decreasing;increasing
D) increasing or decreasing;decreasing