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Exhibit 3-4 -Refer to Exhibit 3-4. If S1 and D1 Are the D1

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Exhibit 3-4 Exhibit 3-4   -Refer to Exhibit 3-4. If S<sub>1</sub> and D<sub>1</sub> are the original supply and demand curves and they shift to S<sub>2</sub> and D<sub>2</sub>, respectively, then the new equilibrium price and quantity will be A) P<sub>2 </sub>and Q<sub>4</sub>. B) P<sub>4 </sub>and Q<sub>2</sub>. C) P<sub>1 </sub>and Q<sub>3</sub>. D) P<sub>3 </sub>and Q<sub>1</sub>. E) P<sub>4 </sub>and Q<sub>1</sub>.
-Refer to Exhibit 3-4. If S1 and D1 are the original supply and demand curves and they shift to S2 and D2, respectively, then the new equilibrium price and quantity will be


A) P2 and Q4.
B) P4 and Q2.
C) P1 and Q3.
D) P3 and Q1.
E) P4 and Q1.

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