An Increase in Demand Coupled with an Increase in Supply

Multiple Choice

An increase in demand coupled with an increase in supply results in a(n)

A) increase in price and an ambiguous effect on equilibrium quantity
B) increase in equilibrium quantity and a decrease in equilibrium price
C) decrease in equilibrium quantity and an ambiguous effect on equilibrium price
D) increase in economic rent
E) ambiguous effect on equilibrium price and an increase in equilibrium quantity