1. As demand increases and supply increases simultaneously, then
A) P (up) ; Q is indeterminate
B) P is indeterminate ; Q (up)
C) P (down) ; Q is indeterminate
D) P is indeterminate ; Q (up)
E) P (up) ; Qd (up)
2. As demand decreases and supply increases simultaneously, then
A) P (up) ; Q is indeterminate
B) P is indeterminate ; Q (up)
C) P (down) ; Q is indeterminate
D) P is indeterminate ; Q (up)
E) P (up) ; Qd (up)
3. As demand increases and supply decreases simultaneously, then
A) P (up) ; Q is indeterminate
B) P is indeterminate ; Q (up)
C) P (down) ; Q is indeterminate
D) P is indeterminate ; Q (up)
E) P (up) ; Qd (up)