Which of the following changes in equilibrium price and quantity is as a result of…

Which of the following changes in equilibrium price and quantity is as a result of an upward shift in the market demand for a commodity?
  • A.
    Both the price and the quantity fall
  • B.
    The price rise and the quantity falls
  • C.
    The price falls and the quantity rises
  • D.
    Both the price and the quantity rise
Correct Answer: Option D
Explanation
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