Figure 7: Panels A, B, and C.
Referring to Figure 4. Panel (A), Panel (B) and Panel (C) - all together – show
A.The case of an "increase in demand" and a simultaneous "decrease in supply" where, with no additional information information, the direction of change in the equilibrium quantity is ambiguous.
B. The case of an "increase in demand" and a simultaneous "decrease in supply" where, with no additional information, the direction of change in the equilibrium quantity is unambiguous.
C. The case of an "decrease in demand" and a simultaneous "increase in supply" where, with no additional information information, the direction of change in the equilibrium quantity is ambiguous.
D. The case of an "decrease in demand" and a simultaneous "increase in supply" where, with no additional information information, the direction of change in the equilibrium quantity is unambiguous.
![Figure 7 Panels A B and C Referring to Figure 4 Panel A Panel B and Panel C all together show AThe case of an increase in demand and a simultaneous decrease in class=](https://us-static.z-dn.net/files/ddc/3a7d11704888bc54d73aa69ba926d22e.png)