Refer to Exhibit 12-1. In Graph A, the market demand has increased from d0 to d1, and as a result:
A.
both the market price and the price of the price-taking firm have risen to $6.
B.
both the market price and the price of the price-taking firm have fallen to $5.
C.
the quantity of goods transacted in the market has fallen from Q1 to Q0.
D.
at the new equilibrium price, the firm will be unable to sell any of its output.