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Question 213

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Use the following to answer questions .
Exhibit: Simultaneous Shifts in Demand and Supply Use the following to answer questions . Exhibit: Simultaneous Shifts in Demand and Supply -(Exhibit: Simultaneous Shifts in Demand and Supply) D<sub>1</sub> and S<sub>1</sub> are original supply and demand curves, and S<sub>2</sub> and D<sub>2</sub> are new curves. In this market for a normal good: A) supply has increased and price has increased. B) demand has increased and price has increased. C) demand has decreased and price has fallen. D) demand has increased and price has fallen.
-(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 for a normal good:


A) supply has increased and price has increased.
B) demand has increased and price has increased.
C) demand has decreased and price has fallen.
D) demand has increased and price has fallen.

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