Arrange the following statement when the market demand curve shifts rightward with the supply curve remaining unchanged.

(A) The shift indicates that at any price the quantity demanded is more than before.

(B) Some individuals will be willing to pay higher price and the price would tend to rise.

(C) There is excess demand.

(D) At the new equilibrium, quantity and price will be greater than before.

Choose the correct answer from the options given below:

Option 1 -> (A), (B), (C), (D) - This sequence places excess demand after willingness to pay higher prices, which is illogical.

Option 2 -> (A), (C), (B), (D) - This follows the correct logical progression: definition of shift → excess demand → price adjustment → new equilibrium.

Option 3 -> (B), (A), (D), (C) - This places willingness to pay before defining the shift and puts excess demand at the end, which is incorrect.

Option 4 -> (C), (B), (D), (A) - This starts with excess demand before explaining what causes it, making it illogical.

Hence, Option 2: (A), (C), (B), (D) -> When demand shifts rightward: (A) First, it means quantity demanded is higher at every price; (C) This creates excess demand at the original equilibrium price; (B) The shortage causes consumers to bid up prices as they compete; (D) Finally, a new equilibrium is reached with both higher price and quantity. This sequence correctly captures the chain of events from cause to effect. -> correct