Multiple Choice
Use the following to answer questions .
Exhibit: Simultaneous Shifts in Demand and Supply 
-(Exhibit: Simultaneous Shifts in Demand and Supply) D1 and S1 are original supply and demand curves, and S2 and D2 are new curves. In this market, following the adjustment shown:
A) both demand and supply increased.
B) price fell and quantity increased.
C) quantity had to increase, given the changes in supply and demand.
D) all of the above are true.
Correct Answer:

Verified
Correct Answer:
Verified
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