Identify the options which reflect the impact of simultaneous shifts of demand and supply on equilibrium
(A) When demand shift right and supply left, quantity may increase, decrease or remain unchanged but price decreases
(B) When demand and supply shift leftward, quantity decreases but price may increase, decrease or remain unchanged
(C) When demand and supply shift rightward, quantity increases but price may increase, decrease or remain unchanged
(D) When demand shift left and supply right, quantity may increases, decreases or remain unchanged but price decreases
Held on 14 May 2025 · Verified 13 Jul 2026.
(A), (B) and (D) only
(A), (B) and (C) only
(A), (B), (C) and (D)
(B), (C) and (D) only
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