Assuming That the Demand and Supply of a Good Have

Multiple Choice

Assuming that the demand and supply of a good have moved in opposite directions, but 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) ​an indeterminate change in price, but no change in quantity exchanged.