A movement from M to T implies that there has been

  • A A decrease in supply
  • B An increase in demand
  • C A decrease in price
  • D An increase in price

The correct answer is D. An increase in price

This is because a movement along the supply curve, from M to T, represents a change in quantity supplied due to a price change, assuming other factors are constant. 

When the price increases, the quantity supplied also increases, as shown by the upward-sloping supply curve.

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