Multiple Choice
Suppose caviar sales soars at the same time price increases. What would lead to both a higher quantity sold and higher price of caviar?
A) A shift in demand to the right and a larger shift in supply to the right.
B) A shift in demand to the left and a smaller shift in supply to the left.
C) A shift in demand to the right and a shift in supply to the left.
D) A shift in demand to the left and a smaller shift in supply to the right.
Correct Answer:

Verified
Correct Answer:
Verified
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