Refer to the information provided in Figure 3.16 below to answer the question(s) that follow.
Refer to Figure 3.16. When the economy moves from Point
A to Point
E, there has been
◦ an increase in demand and an increase in supply.
◦ a decrease in demand and a decrease in supply.
◦ an increase in demand and a decrease in supply.
◦ an increase in quantity demanded and an increase in quantity supplied.