If Demand and Supply Both Increase, The

Multiple Choice

If demand and supply both increase, the:

A) equilibrium price will decrease while the quantity produced and sold could increase, decrease or remain constant.
B) quantity produced and sold will increase while the equilibrium price could increase, decrease, or remain constant.
C) quantity produced and sold will decrease while the equilibrium market price could increase, decrease, or remain constant.
D) equilibrium price will increase while the quantity produced and sold could increase, decrease, or remain constant.