RESERVATION PRICE NUMBER CH APARTMENTS In the figure, this curve is an example of A demand curve A long-run supply curve Ivariable supply) A short-run supply curve (fiend supply) RESERVATION X PRICE p* NUMBER OF APARTMENTS Use the figure to help you. What happens if the demand for apartments increases? Select all that occur. The equilibrium price will increase. The equilibrium price will decrease. The equilibrium quantity will increase. The equilibrium quantity will decrease. X X2 According to the figure, a consumption bundle on the line is a member of the weakly preferred set the strictly preferred set the weakly indifferent set the strictly indifferent set