Exhibit 4-3 Supply and demand curves 
-The market shown in Exhibit 4-3 is initially in equilibrium at E4. Changes in market conditions result in a new equilibrium at E3. This change is stated as a(n) :
A) increase in supply and an increase in quantity demanded.
B) increase in supply and a decrease in demand.
C) decrease in supply and a decrease in quantity demanded.
D) increase in demand an increase in supply.
Correct Answer:
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