Multiple Choice
Refer to the accompanying figure. Assume the market is originally at point W. Movement to point Z is a combination of:
A) an increase in demand and an increase in quantity supplied.
B) an increase in supply and an increase in demand.
C) an increase in supply and an increase in quantity demanded.
D) a decrease in supply and an increase in quantity demanded.
Correct Answer:

Verified
Correct Answer:
Verified
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