Consider the following factor and indicate whether it increases or decreases the equilibrium price of gasoline and the equilibrium quantity of gasoline sold. In this problem, assume that gasoline is a normal good.

When the number of sellers decreases, the


Choose one:
A. supply curve shifts to the right.
B. demand curve shifts to the right.
C. demand curve shifts to the left.
D. supply curve shifts to the left.


As a result,


Choose one:
A. price decreases and quantity decreases.
B. price decreases and quantity increases.
C. price increases and quantity decreases.
D. price increases and quantity increases.