Assuming that the demand and supply of a good have moved in the same direction, and by the same amount, the new equilibrium would represent: no change in price and an increase in quantity exchanged.
a. an increase in price and an increase in quantity exchanged

b. no change in price and an increase in quantity exchanged.
c. a decrease in price and a decrease in quantity exchanged.
d. no change in price, and an indeterminate change in quantity exchanged.


d

Economics

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