Arrange the following steps in the correct order to illustrate the impact of a price increase on the market equilibrium for a product: A) Suppliers increase the quantity supplied, B) Price rises, C) Demand decreases, D) Market reaches a new equilibrium.

When the price of a product goes up, suppliers notice a higher profit potential and respond by increasing the quantity they are willing to sell, so the supply curve shifts rightward. The higher price also makes the product less attractive to buyers, causing the demand to fall. With the new supply level and the reduced demand, the market settles into a new balance point where the quantity supplied equals the quantity demanded. For example, if a coffee shop raises the price of latte from $3 to $4, more coffee roasters will supply more lattes while fewer customers will buy them, leading to a new equilibrium price and quantity. Thus the correct sequence is price rise, suppliers increase supply, demand decreases, and the market reaches a new equilibrium.