Assuming That the Demand and Supply of a Good Both

Multiple Choice

Assuming that the demand and supply of a good both increased by the same amount, the new equilibrium would represent:

A) ​an increase in price and an increase in quantity exchanged.
B) ​no change in price and an increase in quantity exchanged.
C) ​a decrease in price and a decrease in quantity exchanged.
D) ​no change in price, and an indeterminate change in quantity exchanged.