4. Demand and supply in the market for sugar is illustrated in the following table The quantities correspond to millions of pounds. The price of honey, a substitute for sugar, rises, so that the quantity of sugar demanded changes by a quantity of 70 at each price. The new equilibrium price and quantity in the market will be price Quantity Demanded $0.80 $1.00 $1.20 $1.40 $1.60 $1.80 300 260 220 180 140 100 Quantity Su lied 90 120 150 180 210 240 A) Sl_20, 150 B) Sl_80, 240 C) $1.60, 210 D) $1.60, 140