​Exhibit 3-11 Demand and Supply Curves

​Exhibit 3-11 Demand and supply curves
-​In Exhibit 3-11, in Panel B the movement from A to C describes a (an) :

A) increase in demand and a decrease in supply, where the increase in demand is
Relatively bigger.
B) ​decrease in both demand and supply, where the decrease in supply is relatively bigger.
C) ​increase in demand and a decrease in supply, where the decrease in supply is
Relatively bigger.
D) ​decrease in demand and increase in supply, where the increase in supply is relatively bigger.
E) ​increase in both demand and supply, where the increase in supply is relatively bigger.