Please, I need a correct answer and clear explanation. open image for a clear vi

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Please, I need a correct answer and clear explanation. open image for a clear view. Thanks,

2017-11-12 (10).png - Photos 14JUUNNAN POU NOU NUN ALU In A Moving to another question will save this response. Question 11 Consider a perfectly competitive market. In the short run, if demand increases due to a technological advance, the equilibrium price O A. rises and the equilibrium quantity remains the same. o B. remains constant and the equilibrium quantity decreases. o C. falls and the equilibrium quantity decreases. o D. rises and the equilibrium quantity increases. A Moving to another question will save this response. O Type here to search 0 0 e do I A 9 NA • D ENG 3:25 PM 2017-11-12 0

Explanation / Answer

Answer
Option D
The increase in demand shifts demand to the right which increases quantity as well as price

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