Graph with x axis labeled in 500 unit increments from 0 to 3000. Y axis is labeled with prices 0 to 30 dollars in increments of 5. A blue supply line starts at 500, 5 and ascends at an angle upward to 2500, 25. A red line demand starts at 500, 25 and drops at an angle down to 2500, 5. Look at the graph. A medical device company is selling a new diagnostic tool at the equilibrium price of $15. The company hires a marketing firm to run an advertising campaign to publicize recent positive findings regarding the effectiveness of the tool. Based on the graph, what would be the result? A new equilibrium point, because the demand would increase A shortage, because the price is higher than equilibrium price A surplus, because the price is higher than equilibrium price Selling fewer devices, because demand would decrease
