A Decrease in Demand Will Result in A(n)

question 126

Multiple Choice

A decrease in demand will result in a(n)

• A)increase in equilibrium price and quantity
• B)decrease in equilibrium price and quantity
• C)decrease in equilibrium price and an increase in equilibrium quantity
• D)increase in equilibrium price and a decrease in equilibrium quantity
• E)change in equilibrium price and quantity only if supply changes too

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Definitions:

Reactive Effects

The changes in behavior or responses that occur as a result of being observed or knowing that one is part of a study, often considered a form of bias.

Continuous Data

Data that can take on any value within a given range, representing measurements and allowing for fractional values.

Pre- And Post-Test

Evaluation methods used before and after a specific intervention or teaching period to assess the effectiveness of the intervention or the amount of learning that has occurred.

Duration Recording

A recording technique that is used for measuring how long behavior lasts. It is most appropriate for behaviors that occur infrequently but continue for some length of time or for behaviors that occur at a high rate so that one episode blends into the next.