When oil was deregulated in the late 1970s,the number of wells pumping oil more than doubled.This reflects a/an

A) increase in the quantity supplied.
B) increase in supply.
C) decrease in supply.
D) decrease in the quantity supplied.
E) an increase in demand.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Demand

The capacity and willingness of consumers to purchase varying quantities of a good or service at different prices throughout an established period.