An increase in demand shifts the demand curve to the right resulting in a new equilibrium with:
a. A higher price and a lower quantity.
b. A higher price and a higher quantity.
c. A lower price and a lower quantity.
d. A lower price and a higher quantity.

An increase in demand shifts the demand curve to the right resulting in a new equilibrium with a A higher price and a lower quantity b A higher price and a high class=