The table sets out the market schedule for good X. The prices and quantities are as follows: price 10, quantity supplied 400, quantity demanded 100; price 9, quantity supplied 300, quantity demanded 200; price 8, quantity supplied 200, quantity demanded 300; price 7, quantity supplied 100, quantity demanded 400. If the quantity supplied increases by 50% at each price, what will the equilibrium price and quantity become?
- Aprice 10, quantity 100
- Bprice 9, quantity 200
- Cprice 8, quantity 300
- Dprice 7, quantity 400