The equilibrium price and quantity of a product was $100 and 1,000 units per month in 2015 and is $150 and 800 units per month in 2016. assume that relative to demand in 2015, the market demand curve shifts to the right. relative to supply in 2015, the market supply curve the new market equilibrium is where o a. the initial demand curve intersects the initial supply curve. o b. there is a surplus. o c. the new demand curve intersects the new supply curve. o d. demand is greater than supply. from 2015 to 2016, o a. supply decreased more than demand decreased. o b. supply increased more than demand increased. o c. supply increased more than demand decreased. o d. supply decreased more than demand increased.