If Demand Increases and Supply Decreases, Quantity Will

question 148

Multiple Choice

If demand increases and supply decreases, quantity will

• A)always increase
• B)always decrease
• C)increase only if supply decreases more than demand increases
• D)increase only if supply decreases less than demand increases
• E)decrease only if supply decreases less than demand increases

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Definitions:

Echinoderms

A phylum of marine animals including sea stars, sea urchins, and sand dollars, known for their radial symmetry and a water vascular system.

Chordates

Animals that at some stage of development have a notochord, a dorsal nerve cord, pharyngeal slits, an endostyle, and a post-anal tail, comprising all vertebrates and several closely related invertebrates.

Exoskeleton

A rigid external covering for the body in some invertebrate animals, especially arthropods, providing both support and protection.

Echinoderm

A phylum of marine animals known for their radial symmetry and unique water vascular system, including starfish and sea urchins.