An Increase in the Equilibrium Quantity of a Product Will

Multiple Choice

An increase in the equilibrium quantity of a product will result

A) when the quantity supplied of the product exceeds the quantity demanded.
B) when there is an increase in supply and an increase in demand for the product.
C) when there is an increase in supply and a decrease in demand for the product.
D) when there is a decrease in demand and a decrease in the cost of inputs used to make the product.