Exhibit 3-11 Demand and Supply Curves

Exhibit 3-11 Demand and supply curves

-In Exhibit 3-11,in Panel A the movement from A to B describes a(n) :

A) increase in demand and an increase in the quantity supplied.
B) increase in the quantity demanded and an increase in supply.
C) decrease in demand and a decrease in the quantity supplied.
D) decrease in the quantity demanded and a decrease in supply.
E) decrease in the quantity demanded and an increase in supply.