Question 4 Not yet answered Points out of 1.00 P Flag question Figure 2.2 (use to answer questions 4-6) New demand $50 Market supply 45 PRICE Es Initial demand 0 25 50 75 100 125 150 QUANTITY What best describes the movement from point E1 to point E3? Select one: OA. An increase in overall supply OB. A fall in quantity supplied OC. An increase in overall demand OD. An increase in quantity demanded Question 5 Not yet answered Points out of 1.00 P Flag question After the shift of the demand curve, what does point E1 represent? Select one: OA Quantity demanded OB. Equilibrium supplied OC Equilibrium demanded OD. Quantity supplied Question 6 Not yet answered Points out of 1.00 P Flag question The new equilibrium quantity is approximately: Select one: OA 20 OB. 39 OC 85 OD. 120